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Sold for $2,300,000
  • Listed by: KELLER WILLIAMS RIVERSIDE CENT • RACHAEL NOL • Contact: 951-776-5700
    Bought with: AFD REALTY, INC.
    $2,300,000

    2539 Wabash Ave, Los Angeles, CA 90033

    28beds
    14baths
    10,555sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $2,276,200 Zestimate®
    $218/sqft
    $2,721 Estimated rent

    Home value

    $2,276,200

    $2.05M - $2.53M

    $2,721/mo

    Zestimate® history
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    $14,562/mo

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    What's special

    Assigned parking spaces
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    RACHAEL NOL DRE #01963611 951-848-5188,

    KELLER WILLIAMS RIVERSIDE CENT

    Bought with:

    DAVID MEDINA, DRE #01921935

    AFD REALTY, INC.

    Source: CRMLS,MLS#: IV24237273MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 28
    • Bathrooms: 14
    Appliances
    • Laundry: In Carport, Outside
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 10,555
    • Total interior livable area: 10,555 sqft

    Property

    Parking
    • Parking features: Carport
    • Has carport: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.29 Acres
    Details
    • Parcel number: 5177011040
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $218/sqft
    • Date on market: 11/20/2024
    • Cumulative days on market: 127 days
    • Listing terms: Submit
    • Lease term: Month To Month
    • Tenant pays: Cable TV, Electricity, Gas, Trash Collection

    Price history

    DateEventPrice
    5/21/2025Sold$2,300,000-8%$218/sqft
    Source: CRMLS #IV24237273 Report a problem
    5/3/2025Pending sale$2,500,000$237/sqft
    Source: CRMLS #IV24237273 Report a problem
    2/10/2025Price change$2,500,000-13.8%$237/sqft
    Source: CRMLS #IV24237273 Report a problem
    1/22/2025Listed for sale$2,900,000$275/sqft
    Source: CRMLS #IV24237273 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Boyle Heights

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $2,276,200
    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
    $2,276,200