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2740 Wabash Ave, Los Angeles, CA 90033
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2740 Wabash Ave Los Angeles, CA 90033

$620,000 Sold Price as of 09/13/2024
  • 4 Beds
  • 2 Baths
  • 1,108 Sq.Ft.
Sold
$620,000 Sold Price as of 09/13/2024 Refinance Your Mortgage
Map preview of 2740 Wabash Ave, Los Angeles, CA 90033

Property Overview: 2740 Wabash Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,108 living square feet and 5,919 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: *** ATTENTION INVESTORS/BUILDERS OPPORTUNITY *** *** LOCATION-LOCATION-LOCATION *** 2 units in East Los Angeles are currently available for sale, presenting a lucrative opportunity for investors or builders. The property allows for the construction of up to 30 apartment units, (ED1- 100% Affordable Housing Project) making it an attractive investment for those looking to capitalize on the expanding real estate market in the area. This could be a promising venture for those interested in expanding their property portfolio or embarking on a new development project. Front Unit is 2 bedroom 1 Bath plus an extra room that can be used as a 3rd bedroom and Back unit is a 2 bedroom 1 bath. This property is located only about 3.4 miles away from Downtown Los Angeles.!!! Very close to Major Freeways such as 10 FWY, 5 FWY, 101 FWY, 110 FWY and 60 FWY.!! Don't miss this great opportunity and act quick before it's too late.!!!

Listed by Hector Benavidez | BRE #01337609 | KELLER WILLIAMS REALTY
Last checked: 15 minutes ago | Last updated: September 14th, 2024 | Source CRMLS | DOM: 46

Home details

Lot Sq. Ft
5,919
HOA Dues
$0/mo
Year built
1913
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
CV24139492
City
Los Angeles
County
Los Angeles
Time on Site
72 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 2740 Wabash Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre, Level with Street, Level, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5177013021
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between Soto St and Evergreen Ave
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 2740 Wabash Ave

Last sold for $620,000 on September 13th, 2024

  • September, 2024

  • Sep 13, 2024

    Date

    Sold

    CRMLS: CV24139492

    $620,000

    Price

  • Jul 8, 2024

    Date

    Active

    CRMLS: CV24139492

    $750,000

    Price

  • December, 2023

  • Dec 25, 2023

    Date

    Expired

    CRMLS: DW23159124

    $650,000

    Price

  • Aug 24, 2023

    Date

    Active

    CRMLS: DW23159124

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    DRIVE BY ONLY!!! INVESTOR'S DELIGHT!!! LAND VALUE ONLY!! ZONED RD 1.5 WITH LOTS OF POTENTIAL!!

  • March, 2003

  • Mar 21, 2003

    Date

    Sold (Public Records)

    Public Records

    $205,000

    Price

Show More

Tax History for 2740 Wabash Ave

Assessed Value (2020): $405,957
Year Land Value Improved Value Assessed Value
2020 $309,497 $96,460 $405,957

Home Value Compared to the Market

This property vs the competition

2740 Wabash Ave sold on September 13, 2024 for 37.59% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $630.87 per/sqft which puts the price per square foot 12.86% lower than the current median sale per square foot for the city of Los Angeles.

About 2740 Wabash Ave

Detailed summary of property

2740 Wabash Ave is a duplex that recently sold in Los Angeles, CA 90033. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,108 living square feet, and sits on an approximately 5,919 square foot lot. 2740 Wabash Ave was first listed on ArdentRealEstateGroup.com on July 8, 2024. The homeowner sold the property for $620,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 37.59% lower than the current median priced home. Local homes that are currently for sale include 3217 Morgan Ave, 2165 Valentine St #3 and 2165 Valentine St #1. While the average home in Los Angeles, CA is selling in 106 days, 2740 Wabash Ave has a days on market of 46 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2740 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 2740 Wabash Ave

Public county record property details
Beds
3
Baths
2
Year built
1913
Sq. Ft.
1,108
Lot Size
5,917
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
21
APN
5177-013-021

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%)

Thinking of Selling?

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(714) 706-1823

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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.

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