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.
Property Details
Property Features
Property Information:
Year Built: 1965
Stories: 2
Listing Office:
Office Name: KELLER WILLIAMS RIVERSIDE CENT
Office Phone: (951) 848-5188
Listing Agent: RACHAEL NOL
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Parking: Carport
Lot Features
Lot Information:
Lot Size: 0.29 Acres
Other
Directions Information:
Directions: Cross Street: Wabash Ave & N Fickett St
Price Information
Listing Price Info
Price Summary:
List Price: $2,900,000
Tax Information:
Annual Amount: $21,386
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $1.8M more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #IV24237273
Listing Office:
Office Name: KELLER WILLIAMS RIVERSIDE CENT
Office Phone: (951) 848-5188
Listing Agent: RACHAEL NOL
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 26, 2007
Sep 26, 2007Home Sold
$1,380,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$21,386
$1,674,603
2020
$20,776
$1,657,433
2019
$20,544
$1,624,936
2018
$20,075
$1,593,075
2017
$20,075
$1,561,839
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Evergreen Elementary School
2730 Ganahl St
Distance between this listing and this school0.18 miles
Public District Grades KG-6
4
/10
Sheridan Street Elementary School
416 Cornwell St
Distance between this listing and this school0.43 miles
Public District Grades PK-6
3
/10
Murchison Street Elementary School
1501 Murchison St
Distance between this listing and this school0.61 miles
Public District Grades PK-6
Nearby Schools
3
/10
Extera Public
2226 E 3rd St
Distance between this listing and this school1.00 miles
Public Charter Grades KG-8
5
/10
Hollenbeck Middle School
2510 E 6th St
Distance between this listing and this school1.25 miles
Public District Grades 6-8
5
/10
Belvedere Middle School
312 N Record Ave
Distance between this listing and this school1.35 miles
Public District Grades 6-8
Nearby Schools
10
/10
Francisco Bravo Medical Magnet High School
1200 Cornwell St
Distance between this listing and this school0.46 miles
Public Magnet Grades 9-12
5
/10
Theodore Roosevelt High School
456 S Mathews St
Distance between this listing and this school1.11 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school1.11 miles
The neighbors living near this home have an average income of $42,275. Residents of Los Angeles, CA typically earn between $35k-100k each year. Typical family type is married, with kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2539 Wabash Ave
What is the listing price of this property?
The listing price of 2539 Wabash Ave property is $2,900,000.
What type of property is this?
The property 2539 Wabash Ave is a condo located in Los Angeles, California, 90033.
Is this property for sale now?
Active Listing: 2539 Wabash Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $21,386 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 26, 2007 for $1,380,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 2539 Wabash Ave is 1965.
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This home is located at 2539 Wabash Ave in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. This home, which was built in 1965, sits on a 0.29 acre lot. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $2,900,000.
In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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