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Off market
  • $2,894,300

    3118 Wabash Ave, Los Angeles, CA 90063

    42beds
    24baths
    9,092sqft
    MultiFamily
    Built in 1966
    -- sqft lot
    $2,894,300 Zestimate®
    $318/sqft
    $2,718 Estimated rent

    Home value

    $2,894,300

    $2.40M - $3.44M

    $2,718/mo

    Zestimate® history
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    Owner options

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    $2,718/mo

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    $2,718/mo

    Rent Zestimate®

    Refinance and save

    $18,248/mo

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    $18,248/mo

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    What's special

    Marcus & Millichap is pleased to present for sale a unique "add-value" opportunity located at 3118 Wabash venue. The unit mix is comprised of six 1 + 1 units, sixteen 2 + 1 units, and two 3 + 1 units This property is located in the exciting, up and coming Boyle Heights neighborhood, minutes east of Downtown Los Angeles.This property sits on the corner of Wabash Avenue, just east of Evergreen Avenue. The building has immediate access to the 10 freeway, and the Art's District of Downtown Los Angeles is less than a 17-minute bike ride away. This property offers an investor the rare opportunity to add-value to a vintage building in the heart of an emerging neighborhood. This area is predominately comprised of attractive single family homes, surrounded by increasingly popular restaurants, retail and entertainment venues, drawing a wide range of creative professional tenants. Property is subject to City Ordinance #183893 pertaining to soft-soft story parking retrofit

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 42
    • Bathrooms: 24
    Cooling
    • Other
    Interior area
    • Total interior livable area: 9,092 sqft

    Property

    Parking
    • Total spaces: 24
    Lot
    • Size: 0.48 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1966

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $318/sqft

    Price history

    DateEventPrice
    11/2/2018Sold$4,000,000-8%$440/sqft
    Source: CLAW #18348022 Report a problem
    9/5/2018Pending sale$4,350,000$478/sqft
    Source: Marcus & Millichap #18348022 Report a problem
    6/29/2018Price change$4,350,000-3.3%$478/sqft
    Source: Marcus & Millichap #18348022 Report a problem
    5/25/2018Listed for sale$4,500,000$495/sqft
    Source: Marcus & Millichap #18348022 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
    $2,894,300
    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
    $2,894,300