2440 Wabash Avenue, Los Angeles, CA 90033

About this property

Attention Investors: 5-unit apartment building in Boyle Heights. Near USC Medical Campus and the new USC hotel. The property is situated on top of a hill so terrific spot for future development to take advantage of great views. Easy to manage property: 2- stand alone houses (3 BD/2 BA & 2/1 BA) with 3 other units on property. Front house built in 1938, Back House built in the 60's (per previous owner). Easy to maintain with low maintenance. Work done in recent years include 2 water heaters replaced (good quality); sewer repaired in 2 key areas; water main repaired. Tenants pay for electricity, gas and trash. Owner Pays for water and sewage.

Listing description from the August 2021 sale, as reported to CRMLS.

Sale history

$825,000

Sold August 2021 · listed $895,000, orig. $875,000, on market April 2021 · MLS #PW21083119 · Source: CRMLS

Listing Agent: Nick Layana · Listing Office: Family Discount Realty · Contact: 714-928-0817 · Bought with: Zachary Freehling · Skylight Real Estate Advisors, Inc.

$545,000

Sold September 2013 · listed $550,000, on market April 2013 · MLS #13668963 · Source: CRMLS

Listing Agent: David Bramante · Listing Office: Clint Lukens Realty · Contact: 323-668-7500 · Bought with: Stacy Roth · Power Brokers International

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