2515 Wabash Ave, Los Angeles, CA 90033
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2515 Wabash Ave Los Angeles, CA 90033

$714,000
  • 5 Beds
  • 3 Baths
  • 2,056 Sq.Ft.
Pending
$714,000 Get Pre-Qualified

Map preview of 2515 Wabash Ave, Los Angeles, CA 90033

Property Overview: 2515 Wabash Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,056 living square feet and 5,457 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by WESLEY DUNN | BRE #02019976 | THE ASSOCIATES REALTY GROUP
Last checked: 1 minute ago | Last updated: September 14th, 2024 | Source CRMLS | DOM: 95

Home details

Lot Sq. Ft
5,457
HOA Dues
$0/mo
Year built
1952
Garage
--
Property Type:
Triplex
Status
Pending
MLS#
IV24112733
City
Los Angeles
County
Los Angeles
Time on Site
103 days

Open Houses for 2515 Wabash Ave

No upcoming open houses

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Property Details for 2515 Wabash Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • See Remarks
Kitchen Information
  • No Appliances
  • None
Bathroom Information
  • # of Baths (Full): 3
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 5177011020
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Off of the 110 and Wabash ave
Neighborhood Information
  • Community Features: Urban
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Sale History for 2515 Wabash Ave

Last sold on July 2nd, 2015
  • September, 2024

  • Sep 14, 2024

    Date

    Pending

    CRMLS: IV24112733

    $714,000

    Price

  • Jun 3, 2024

    Date

    Active

    CRMLS: IV24112733

    $714,000

    Price

  • July, 2015

  • Jul 2, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2515 Wabash Ave

Assessed Value (2020): $90,440
Year Land Value Improved Value Assessed Value
2020 $29,705 $60,735 $90,440

Home Value Compared to the Market

This property vs the competition

2515 Wabash Ave is listed 40.5% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $766 and this home is listed at $347.28 per/sqft which puts the price per square foot 54.66% lower than the median price per square foot for the city of Los Angeles.

About 2515 Wabash Ave

Detailed summary of property

2515 Wabash Ave is a triplex located in Los Angeles, CA 90033 and is currently in escrow to be sold. This triplex offers 5 bedrooms, 3 bathrooms, roughly 2,056 living square feet, and sits on an approximately 5,457 square foot lot. 2515 Wabash Ave was first listed on ArdentRealEstateGroup.com on June 4, 2024. The homeowner is currently asking $714,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $766. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 40.5% lower than the median priced home. Local competing homes currently for sale include 2727 Eagle St, 114 Vicente Fernandez St and 2105 Keith St. While the average home in Los Angeles, CA is selling in 104 days, 2515 Wabash Ave has a days on market of 95 days. There are currently 4084 homes for sale in the Los Angeles real estate market and 2797 of them are single family homes while 1162 of them are condos and 119 are townhomes. For more information on this home for sale at 2515 Wabash Ave Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2515 Wabash Ave

Public county record property details
Beds
5
Baths
3
Year built
1952
Sq. Ft.
2,056
Lot Size
5,411
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5177-011-020

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$444
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$700
Total Inventory
8
Median Sale to List Price %
96.35%
Avg Days on Market
30
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (40%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.