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$714,000   Price Analysis
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2515 Wabash Ave
Los Angeles, CA 90033
5 bed 3 bath 2,056 SqFt ($347/SqFt)
5,457SqFt lot. Built 1952
Listed 2024-06-04, Taxes $1,491
Ⓧ USDA Ineligible
due to location

near Los Angeles

Prime Investment Opportunity in Los Angeles' Developing Neighborhood Nestled in the vibrant neighborhood of Boyle Heights

* Has Contingent Offer *

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 acr oss 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. Brand new roof was 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 cndition and rental income, this triplex presents an unparalleled opportunity for savvy investors seeking a rewarding real estate venture.


Presented by Wesley Dunn at
The Associates Realty Group.


Property MLS #IV24112733 from CRMLS

Bedrooms: 5
Bedrooms On Main Level: 3

Total Bathrooms: 3
Full Bathrooms: 3
Bathrooms On Main Level: 2

Lot Description: Front Yard
Lot Size Acres: 0.1252755
Lot Size Source: Assessor
Lot Size Square Feet: 5457

Number of Units: 3

School District: Los Angeles Unified

Evergreen Avenue Elementary School is a public elementary school located approximately 0.2 miles away.
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Belvedere Middle School is a public middle school located approximately 1.4 miles away.
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Hilda L. Solis Learning Academy School Of Technology, Business And Education is a public high school located approximately 1.9 miles away.
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Santa Teresita School is a private elementary and middle school located approximately 0.4 miles away.
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Calculated Total Monthly Association Fees: 0

Community Features: Urban

Source Listing Status: Active Under Contract
County: Los Angeles
Directions: Off of the 110 and Wabash ave
Source Property Type: Residential
Area: BOYH - Boyle Heights
Property Subtype: townhouse
Source Neighborhood: BOYH - Boyle Heights
Parcel Number: 5177011020
Zoning: LARD1.5
Property Subtype: Triplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$62,591 + $30,612
$93,203
$1,491
2021$61,364 + $30,012
$91,376
$1,463
2020$60,735 + $29,705
$90,440
$1,471
2019$59,545 + $29,123
$88,668
$1,427
2018$58,378 + $28,552
$86,930
$1,339
2017$57,234 + $27,993
$85,227
$1,312
2016$56,112 + $27,445
$83,557
$1,261
2015$55,270 + $27,033
$82,303
$1,246
2014$54,188 + $26,504
$80,692
$1,271
2013$53,944 + $26,385
$80,329
$1,271
2012$52,887 + $25,868
$78,755
$1,287
2010$51,850 + $25,361
$77,211
$1,274
2009$51,586 + $25,232
$76,818
$1,233
2009$51,463 + $25,172
$76,635
$1,233
2008$50,575 + $24,738
$75,313
$1,192
2007$49,584 + $24,253
$73,837
$1,147

Listed 2024-06-04
$714,000
CRMLS
Sold 1976-06-15
$42,000
Public Record

Total Square Feet Living: 2056
Year Built: 1952
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: street
Living Area Source: Assessor
Property Age: 72
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Triplex
Year Built Source: Assessor

Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.