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2746 Wabash Ave, Los Angeles, CA 90033
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2746 Wabash Ave Los Angeles, CA 90033

$885,000
  • 6 Beds
  • 4 Baths
  • 2,249 Sq.Ft.
For Sale
$885,000 Get Pre-Qualified
Map preview of 2746 Wabash Ave, Los Angeles, CA 90033

Property Overview: 2746 Wabash Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,249 living square feet and 5,918 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: Exquisite Duplex Offering Contemporary Elegance in the Heart of Los Angeles! Nestled in the vibrant neighborhood of Boyle Heights in Los Angeles, This stunning duplex has two units each with 3-bedroom 2-bath. These units have been completely upgraded.. Plenty of onsite parking. Prime location within close proximity to all of the city's renowned attractions, entertainment hubs, and culinary delights. Don't miss this incredible opportunity to own a fabulous income-producing property. Please do not walk on the property or disturb the tenants shown by appointment only. 1 Unit can be delivered vacant.

Listed by Scott Pinkerton | BRE #01338387 | Century 21 Peak
Co-listed by Dafna Tene | BRE #00985147 | Century 21 Peak
Last checked: 12 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 96

Home details

Lot Sq. Ft
5,918
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Duplex
Status
Active
MLS#
SR24121197
City
Los Angeles
County
Los Angeles
Time on Site
97 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,901
  • Total Rent: $34,819
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,754
  • Total Rent: $30,304
  • Pro Forma/Market Rent: $2,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.4%
  • Gross Rent Multiplier: 12.74
  • Gross Scheduled Income: $67,879
  • Net Operating Income: $55,932
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $250

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Property Details for 2746 Wabash Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5177013020
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of Soto South of 10
Neighborhood Information
  • Community Features: Curbs, Street Lights
View more facts & features

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Sale History for 2746 Wabash Ave

Last sold for $538,000 on December 22nd, 2017

  • June, 2024

  • Jun 13, 2024

    Date

    Active

    CRMLS: SR24121197

    $865,000

    Price

  • November, 2023

  • Nov 8, 2023

    Date

    Canceled

    CRMLS: 23301263

    $890,000

    Price

  • Aug 17, 2023

    Date

    Active

    CRMLS: 23301263

    $890,000

    Price

  • Listing provided courtesy of CRMLS

    Looking for a lucrative investment/passive income opportunity in one of L.A.'s most historic and vibrant neighborhoods? This remarkably maintained duplex situated in the heart of Boyle Heights offers tenants a prime location to enjoy all that downtown L.A. has to offer. Each light-filled 3 bedroom, 2 bath unit features handsome flooring, updated kitchens with fine wood cabinetry, ample picture windows, laundry room, and modern hardware and fixtures throughout. Live in one unit and rent the other, or manage the duplex yourself. With rents currently pulling in $2,790 and $2,649 each, this duplex is ideal for savvy investors looking to break into a rapidly expanding DTLA market brimming with development opportunity. On-site parking makes commuting and entertaining a breeze. Located minutes from all the fine dining, entertainment, and nightlife of downtown, LA Live, and Crypto.com Arena, as well as a short jaunt to Cal State University Los Angeles, and a myriad of cafes, restaurants, hotels, and bars, this ideally situated duplex offers the epitome of L.A. cosmopolitan living in a lively and rich environment.

  • December, 2017

  • Dec 26, 2017

    Date

    Sold

    CRMLS: CV17063719

    $538,000

    Price

  • Dec 26, 2017

    Date

    Pending

    CRMLS: CV17063719

    $560,000

    Price

  • Oct 31, 2017

    Date

    Active

    CRMLS: CV17063719

    $560,000

    Price

  • Sep 26, 2017

    Date

    Pending

    CRMLS: CV17063719

    $560,000

    Price

  • Mar 28, 2017

    Date

    Active

    CRMLS: CV17063719

    $560,000

    Price

  • Listing provided courtesy of CRMLS

    NEWLY RENOVATED DUPLEX in Boyle Heights. Each unit has 3 bedrooms and 2 baths with ample parking via the long convenient driveway. Both units are occupied and building will be delivered with tenants. Please do not disturb tenants. Property is being Sold-As Is condition. Seller will not carry out any repairs and all permits to be verified with the city.

  • December, 2017

  • Dec 22, 2017

    Date

    Sold (Public Records)

    Public Records

    $538,000

    Price

  • November, 2017

  • Nov 13, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2746 Wabash Ave

Assessed Value (2020): $559,735
Year Land Value Improved Value Assessed Value
2020 $320,443 $239,292 $559,735

Home Value Compared to the Market

This property vs the competition

2746 Wabash Ave is listed 26.25% 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 $768 and this home is listed at $393.51 per/sqft which puts the price per square foot 48.76% lower than the median price per square foot for the city of Los Angeles.

About 2746 Wabash Ave

Detailed summary of property

2746 Wabash Ave is a duplex located in Los Angeles, CA 90033 and is currently for sale. This duplex offers 6 bedrooms, 4 bathrooms, roughly 2,249 living square feet, and sits on an approximately 5,918 square foot lot. 2746 Wabash Ave was first listed on ArdentRealEstateGroup.com on June 13, 2024. The homeowner is currently asking $885,000 and was originally asking $865,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 26.25% lower than the median priced home. Local competing homes currently for sale include 2316 Barlow St, 3026 Folsom St and 923 N Alma Ave. While the average home in Los Angeles, CA is selling in 106 days, 2746 Wabash Ave has a days on market of 96 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 2746 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 2746 Wabash Ave

Public county record property details
Beds
5
Baths
4
Year built
1921
Sq. Ft.
2,249
Lot Size
5,917
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5177-013-020

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.

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