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Sold for $731,000
  • Listed by: THE ASSOCIATES REALTY GROUP • WESLEY DUNN • Contact: 206-999-7990
    Bought with: Pacific Realty of California
    Tax assessed value
    $731,000

    2515 Wabash Ave, Los Angeles, CA 90033

    5beds
    2,056sqft
    Triplex
    Built in 1952
    -- sqft lot
    $989,700 Zestimate®
    $356/sqft
    $4,221 Estimated rent

    Home value

    $989,700

    $881,000 - $1.11M

    $4,221/mo

    Zestimate® history
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    What's special

    Prime Investment Opportunity in Los Angeles' Developing Neighborhood Nestled in the vibrant neighborhood of Boyle Heights, 2515 Wabash Ave stands as a testament to exceptional real estate investment. This well-maintained triplex offers a rare opportunity to secure a foothold in one of the city's most promising areas, where growth and development are on the horizon. Highlights: Prime location in a rapidly developing area. Great upkeep, with fresh paint and a newly installed roof, providing a turnkey investment. Stable income stream from long-term tenants, offering consistent cash flow. Untapped potential for increasing rental income or future development options. This triplex boasts a total living area of 2,056 square feet with 5 bedrooms and 3 bathrooms, spread across its 3 units. Unit 1 is 2 bedrooms 1 bath. Unit 2 is 1 bedroom 1 bath. Unit 3 is 2 unit 1 bath. 6 private gated parking places located at the rear of the property, plus a storage shed for additional space. The property sits on a 5,412 lot. New roof was just installed. Fresh paint. Ready to go! Easy access to the 10 and the 5 freeways and accessible bus lines. Nearby to local restaurants, Wabash Recreational Center, library, day care centers and cafes. Very close to USC and hospitals. Don't miss your chance to secure this exceptional investment opportunity in the heart of Los Angeles. With its prime location, well-maintained condition, and rental income, this triplex presents an unparalleled opportunity for savvy investors seeking a rewarding real estate venture.

    Zillow last checked:

    Listing updated:

    Listed by:

    WESLEY DUNN DRE #02019976 206-999-7990,

    THE ASSOCIATES REALTY GROUP

    Bought with:

    Robbie Schultz, DRE #01218743

    Pacific Realty of California

    Source: CRMLS,MLS#: IV24112733MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Other
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 2,056 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Entry location: street
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,457 Square Feet
    • Features: Front Yard
    Details
    • Parcel number: 5177011020
    • Zoning: LARD1.5
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Sewer: Unknown
    • Water: Public

    Community & HOA

    Community
    • Features: Urban
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $356/sqft
    • Tax assessed value: $731,000
    • Annual tax amount: $9,137
    • Date on market: 6/3/2024
    • Cumulative days on market: 95 days
    • Listing terms: Cash,Conventional,1031 Exchange,Trust Deed

    Price history

    DateEventPrice
    10/8/2025Listing removed$849,000$413/sqft
    Source: CLAW #25575513 Report a problem
    8/7/2025Listed for sale$849,000+16.1%$413/sqft
    Source: CLAW #25575513 Report a problem
    9/24/2024Sold$731,000+2.4%$356/sqft
    Source: CRMLS #IV24112733 Report a problem
    9/14/2024Pending sale$714,000$347/sqft
    Source: CRMLS #IV24112733 Report a problem
    9/10/2024Contingent$714,000$347/sqft
    Source: CRMLS #IV24112733 Report a problem
    7/19/2024Listed for sale$714,000$347/sqft
    Source: CRMLS #IV24112733 Report a problem
    6/15/2024Contingent$714,000$347/sqft
    Source: CRMLS #IV24112733 Report a problem
    6/4/2024Listed for sale$714,000$347/sqft
    Source: CRMLS #IV24112733 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,137 +480.1%$731,000 +653.9%
    2024$1,575 +1.5%$96,966 +2%
    2023$1,552 +4.1%$95,066 +2%
    2022$1,491 +1.9%$93,203 +2%
    2021$1,464 -0.5%$91,376 +1%
    2020$1,471 $90,440 +2%
    2019$1,471 +9.9%$88,668 +2%
    2018$1,339 $86,930 +2%
    2017$1,339 +2%$85,227 +2%
    2016$1,313 +4.1%$83,557 +1.5%
    2015$1,261 -0.8%$82,303 +2%
    2014$1,271 $80,692 +2.5%
    2012-- $78,755 +2%
    2011-- $77,211 +0.8%
    2010-- $76,635 -0.2%
    2009-- $76,818 +2%
    2008-- $75,313 +2%
    2007-- $73,837 +2%
    2006-- $72,390
    2005-- $72,390 +4%
    2004-- $69,580 +1.9%
    2003-- $68,306 +2%
    2002-- $66,968 +4%
    2000-- $64,370
    Find assessor info on the county website

    Neighborhood: Boyle Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $989,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $989,700