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2515 Wabash Avenue
Los Angeles, CA 90033
Sold
Prime Investment Opportunity in Los Angeles' Developing Neighborhood Nestled in the vibrant neighborhood of Boyle Heights, 2515 Wabash Ave stands as a testament to exceptional real estate investment. This well-maintained triplex offers a rare opportunity to secure a foothold in one of the city's most promising areas, where growth and development are on the horizon. Highlights: Prime location in a rapidly developing area. Great upkeep, with fresh paint and a newly installed roof, providing a turnkey investment. Stable income stream from long-term tenants, offering consistent cash flow. Untapped potential for increasing rental income or future development options. This triplex boasts a total living area of 2,056 square feet with 5 bedrooms and 3 bathrooms, spread across its 3 units. Unit 1 is 2 bedrooms 1 bath. Unit 2 is 1 bedroom 1 bath. Unit 3 is 2 unit 1 bath. 6 private gated parking places located at the rear of the property, plus a storage shed for additional space. The property sits on a 5,412 lot. New roof was just installed. Fresh paint. Ready to go! Easy access to the 10 and the 5 freeways and accessible bus lines. Nearby to local restaurants, Wabash Recreational Center, library, day care centers and cafes. Very close to USC and hospitals. Don't miss your chance to secure this exceptional investment opportunity in the heart of Los Angeles. With its prime location, well-maintained condition, and rental income, this triplex presents an unparalleled opportunity for savvy investors seeking a rewarding real estate venture.
PROPERTY INFORMATION
| MLS # | IV24112733 | Lot Size | 5,457 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Triplex |
| Price | $ 714,000
Price Per SqFt: $ 347 |
DOM | 361 Days |
| Address | 2515 Wabash Avenue | Type | Residential |
| City | Los Angeles | Sq.Ft. | 2,056 Sq. Ft. |
| Postal Code | 90033 | Garage | N/A |
| County | Los Angeles | Year Built | 1952 |
| Bed / Bath | 5 / 3 | Parking | N/A |
| Built In | 1952 | Status | Closed |
| Sold Date | 2024-09-24 |
INTERIOR FEATURES
| Has Laundry | No |
| Laundry Information | None |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | No |
| Kitchen Appliances | None |
| Room Information | See Remarks |
| Has Cooling | No |
| Cooling Information | None |
| EntryLocation | street |
| Entry Level | 1 |
| Main Level Bedrooms | 3 |
| Main Level Bathrooms | 2 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $762
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 09/24/2024 | Sold | $731,000 |
| 09/09/2024 | Active Under Contract | $714,000 |
| 06/15/2024 | Active Under Contract | $714,000 |
| 06/03/2024 | Listed | $714,000 |
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(844)-333-8033
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Listing provided courtesy of WESLEY DUNN, THE ASSOCIATES REALTY GROUP. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
