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Sold for $860,000
  • $860,000

    2461 Wabash Ave, Los Angeles, CA 90033

    3beds
    2baths
    1,926sqft
    Multi Family
    Built in 1923
    -- sqft lot
    $851,500 Zestimate®
    $447/sqft
    $3,083 Estimated rent

    Home value

    $851,500

    $766,000 - $945,000

    $3,083/mo

    Zestimate® history
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    $3,083/mo

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    What's special

    Contemporary cabinetryLong gated drivewayOpen-concept flowSleek quartz countertopsStainless steel appliances
    Exceptional Investment Opportunity in Booming Boyle Heights. An exceptional investment opportunity in the rapidly evolving Boyle Heights neighborhood. This meticulously maintained duplex, totaling 1,926 sq ft of combined living space, offers immediate rental income and substantial future appreciation potential. Unlike many properties in the area, this duplex boasts significant recent upgrades, ensuring minimal immediate capital expenditure. The front unit, a spacious 1,050 sq ft, 2-bedroom, 1-bathroom residence, has been meticulously renovated for modern living. The kitchen has been transformed with sleek quartz countertops, contemporary cabinetry, and stainless steel appliances. An intelligent wall removal has created a seamless, open-concept flow into the living area, maximizing space and light. Newer flooring and windows enhance the unit's appeal, while the bathroom has been tastefully updated. The rear unit, a comfortable 876 sq ft, 1-bedroom, 1-bathroom, provides a solid rental income stream. A long gated driveway leads to a two single car garage detached building from the units. The exterior has been recently painted, adding to the property's curb appeal. Zoned LARD1.5, this property offers potential for future development. Its prime Boyle Heights location provides easy access to downtown Los Angeles's business and nightlife, as well as major freeways. This property stands out from the competition with its superior maintenance and recent upgrades, positioning it to command premium rental rates. In a market where opportunity moves fast, this is a chance to secure a high-performing asset. Do not delay, as this offering is primed for immediate action." Property is being sold "AS IS"

    Zillow last checked:

    Listing updated:

    Listed by:

    Loran Arvizu DRE # 02030233 760-641-5939,

    The Agency 760-965-4200

    Bought with:

    Henry Pintado, DRE # 01249099

    CENTURY 21 REALTY MASTERS

    Source: CLAW,MLS#: 25518739PSMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Wall
    Cooling
    • Ceiling Fan(s), Wall/Window Unit(s)
    Features
    • Ceiling Fan(s)
    Interior area
    • Total structure area: 1,926
    • Total interior livable area: 1,926 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Is Detached, Garage - 2 Car, Driveway, Driveway Gate, Concrete
    • Garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 5,501 Square Feet
    Details
    • Additional structures: Other
    • Parcel number: 5177007025
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1923

    Community & HOA

    Community
    • Security: Gated, Fire and Smoke Detection System, Window Bars
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $447/sqft
    • Tax assessed value: $118,162
    • Annual tax amount: $7,249
    • Date on market: 4/3/2025

    Price history

    DateEventPrice
    5/29/2025Sold$860,000+1.2%$447/sqft
    Source: CLAW #25518739PS Report a problem
    5/13/2025Pending sale$849,900$441/sqft
    Source: CLAW #25518739PS Report a problem
    4/21/2025Contingent$849,900$441/sqft
    Source: CLAW #25518739PS Report a problem
    4/3/2025Listed for sale$849,900$441/sqft
    Source: CLAW #25518739PS Report a problem
    7/14/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/8/2024Listed for rent$2,500$1/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,249 +305.2%$580,000 +389.9%
    2024$1,789 +1.6%$118,382 +2%
    2023$1,761 +4.2%$116,066 +2%
    2022$1,689 +1.6%$113,795 +2%
    2021$1,662 -0.6%$111,569 +1%
    2020$1,673 $110,428 +2%
    2019$1,673 +11.5%$108,268 +2%
    2018$1,500 $106,151 +2.2%
    2017$1,500 +2.2%$103,854 +2%
    2016$1,469 +3.4%$101,819 +1.5%
    2015$1,420 0%$100,291 +2%
    2014$1,420 $98,328 +2.5%
    2012-- $95,966 +2%
    2011-- $94,085 +0.8%
    2010-- $93,383 +3.8%
    2007-- $89,973 +2%
    2006-- $88,210 +4%
    2004-- $84,786 +1.9%
    2003-- $83,233 +6.1%
    2000-- $78,435
    Find assessor info on the county website

    Neighborhood: Boyle Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $851,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $851,500