2539 Wabash Avenue, Los Angeles, CA 90033 - MLS#IV24237273

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$2,500,000

Est. payment - /mo

8 Beds

4 Baths

0.29 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID IV24237273

Bedrooms 8

HOA Y/N No

Lot Size 0.294 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

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.
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.

Location

State CA

County Los Angeles

Area Los Angeles (90033)

Zoning Assessor

Building

Lot Description Sidewalks

Story 2

Level or Stories 2 Story

Others

Monthly Total Fees $150

Space Rent $1,928

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Listed by RACHAEL NOL • KELLER WILLIAMS RIVERSIDE CENT

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

2539 Wabash Avenue Los Angeles, CA 90033

Arash Rokni

Key Details

Location

Building

Others

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