2539 Wabash Avenue, Los Angeles, CA 90033
Property
Sold May 2025
Listing Agent: RACHAEL NOL (DRE #01963611) · Listing Office: KELLER WILLIAMS RIVERSIDE CENT · Contact: 951-848-5188 · Bought with: DAVID MEDINA · AFD REALTY, INC. · MLS #IV24237273 · Source: CRMLS
About this property
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.
Sale history