Listing provided courtesy of RACHAEL NOL of KELLER WILLIAMS RIVERSIDE CENT. Last updated 2024-11-24 09:14:51.000000. Listing information © 2024 Sandicor.
Asking Price: $2,900,000
2539 Wabash, Los Angeles CA 90033
Community: BOYH - Boyle Heights
This Apartment property was built in 1965 and is priced at $2,900,000. Please see the additional details below.
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.
