Back to Search Nalren

Sold for $2,300,000 · May 2025

SOLD

Listed at $2,500,000

Sold

2539 Wabash Avenue, Los Angeles, CA 90033

Los Angeles, CA

MLS# IV24237273

10,555 Sq Ft • Apartment
127 days on market

Listing Agent

RACHAEL NOL

Listing Agent

KELLER WILLIAMS RIVERSIDE CENT

DRE #: 01963611

Brokerage: KELLER WILLIAMS RIVERSIDE CENT

Property Details

N/A

Bedrooms

N/A

Bathrooms

10,555 sqft

Square Feet

1965

Year Built

0.29 acres

Lot Size

$218

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

This 14-unit multifamily building in desirable Boyle Heights neighborhood presents a prime investment opportunity. Sitting on a spacious 12,808 sq ft lot, the property offers a strategic location with easy access to Downtown Los Angeles. Residents enjoy convenient access to major freeways and a variety of local shops and restaurants. The building consists of all 2-bedroom, 1-bath units, with 4 units recently remodeled. All units are separately metered for electricity and gas, tenants are also responsible for their trash. The property boasts 100% occupancy, with stable tenants and minimal turnover. Parking is abundant, with 13 of the 14 units having assigned parking spaces. Additionally, an on-site laundry facility adds convenience for residents. This property provides strong cash flow, excellent long-term potential, and is an ideal addition to any investment portfolio.

Listing description from the May 2025 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2

Sale history for 2539 Wabash Avenue

1 recorded sale

$2,300,000
Sold May 2025 · listed $2,500,000, orig. $2,900,000, on market November 2024, 127 days on market · MLS #IV24237273 · Source: CRMLS
Listing Agent: RACHAEL NOL · Listing Office: KELLER WILLIAMS RIVERSIDE CENT · Contact: 951-848-5188 · Bought with: DAVID MEDINA · AFD REALTY, INC.

How this sale compares

2539 Wabash Avenue sold for $2,300,000 in May 2025, 8.0% under its $2,500,000 list price, after 127 days on the market. It was first listed at $2,900,000. Across 67 closed sales in 90033 over the last 12 months, the median sold price is $725,000 and the median is $375 per square foot.

$375
90033 median per sq ft (12 mo)
$725,000
90033 median sold price (12 mo)
67
Closed sales in 90033 (12 mo)
127
Days on market
−8.0%
Sold vs. list price
QuarterClosed sales in 90033Median sold price
Q1 20264$1,037,500
Q2 202626$762,500
Q3 202628$646,000
Q4 20269$738,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90033

Recent sales near 2539 Wabash Avenue

Closed sales reported in 90033, nearest first, last 12 months. All recent sales in Los Angeles →

Explore Los Angeles

Homes for sale in Los Angeles Recently sold in Los Angeles Homes for sale in 90033 All California homes

CRMLS

MLS# IV24237273

Listed: 11/19/2024

© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of 5/21/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: KELLER WILLIAMS RIVERSIDE CENT

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.