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Listed by: Tony Azzi (310) 909-5454 DRE #00910513 | Tony Azzi (310) 909-5454
$900,000
6 Beds
- 5 Baths
2,756sqft
2440 Wabash Ave, Los Angeles, CA 90033
$900,000
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Multi Family
Built in 1923
$-- HOA
8,066 sqft lot
$327/sq.ft
Description
2440 Wabash Ave presents a five-unit multifamily value-add opportunity located in the rapidly evolving Boyle Heights submarket of Los Angeles, just east of Downtown LA. Built in 1923, the property consists of three single-story buildings totaling approximately 2,756 square feet on an 8,066 square foot lot and is offered fee simple. Current rents remain significantly below market, providing investors with a clear path to value creation through interior renovations and operational improvements. The unit mix consists of (2) one-bedroom/one-bath units, (1) two-bedroom/one-bath unit, and (2) three-bedroom/two-bath units, supporting broad tenant demand and flexible repositionin...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1923
HOA Fees
-
Finished Area
2,756 sqft
Lot Size
8,066 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25628211
MLS Status
Active
Days on Market
20
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