#CV25015751, ERIC CHEN, Listing Office: CB RICHARD ELLIS
#IV24237273·
Listing Office: KELLER WILLIAMS RIVERSIDE CENT·
Listing Agent: RACHAEL NOL·
Listing Office Phone: 951-848-5188
$2,500,000 List price
2539 Wabash Ave Los Angeles, CA 90033
$10,000
Closing credit¹
0.3 acres
Condo
Property details
About 2539 Wabash Ave
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.
Highlights
Home typeCondominium
StatusActive
Lot size0.294 Acres
Year built1965
ParkingCarport
MLS #IV24237273
Summary
- MLS Number: IV24237273
- MLS Name: CRMLS
- 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: 3/13/2025, 8:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,500,000
2539 Wabash Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 26, 2007 | Home Sold | $1,380,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,777,099 | $23,121 |
| 2023 | $1,742,255 | $22,698 |
| 2022 | $1,708,094 | $21,694 |
| 2021 | $1,674,603 | $21,386 |
| 2020 | $1,657,433 | $20,776 |
| 2019 | $1,624,936 | $20,544 |
| 2018 | $1,593,075 | $20,074 |
| 2017 | $1,561,839 | $20,074 |
History based on county public records data.
Nearby schools
5
Evergreen Elementary School
Public District KG-6
0.2 mi
•2730 Ganahl St
4
Sheridan Street Elementary School
Public District PK-6
0.4 mi
•416 Cornwell St
3
Murchison Street Elementary School
Public District PK-6
0.6 mi
•1501 Murchison St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,275. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
41%
<35k
51%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
31%
Single, No Kids
25%
Single, with Kids
13%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
11%
12-17 yrs old
29%
18-34 yrs old
32%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2539 Wabash Ave
This home is located at 2539 Wabash Ave in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $2,500,000.
Over 212 listings were sold over their listed price in February 2025 in Los Angeles, CA. In the same period over 280 listings were sold below the listed price and 105 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 10.8% between January and February 2025. In February 2025, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $989,396.
From Rocket Homes Real Estate and based on county public records data.