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2440 Wabash Avenue, Los Angeles, CA 90033

Los Angeles
Local realty services provided by:CENTURY 21 Classic Estates
2440 Wabash Avenue,Los Angeles, CA 90033
$745,000
  • 5 Beds
  • 5 Baths
  • 2,756 sq. ft.
  • Multi-family
  • Active
Listed by: tony azzi
Office: tony azzi310-909-5454
MLS#:25628211
Source:CRMLS

Price summary

  • Price:$745,000
  • Price per sq. ft.:$270.32

About this home

2440 Wabash Ave presents a five-unit multifamily value-add opportunity located in the rapidly evolving Boyle Heights submarket of Los Angeles, just east of Downtown LA. Built in 1923, the property consists of three single-story buildings totaling approximately 2,756 square feet on an 8,066 square foot lot and is offered fee simple. Current rents remain significantly below market, providing investors with a clear path to value creation through interior renovations and operational improvements. The unit mix consists of (2) one-bedroom/one-bath units, (1) two-bedroom/one-bath unit, and (2) three-bedroom/two-bath units, supporting broad tenant demand and flexible repositioning strategies. The property benefits from a transit-oriented location near major bus lines, Metro stations, and convenient access to the US-101, I-5, and I-10 freeways. Situated minutes from Downtown Los Angeles, the Arts District, USC Medical Center, and major employment centers, the asset is well positioned to...

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Home facts

  • Year built:1923
  • Listing ID #:25628211
  • Added:277 day(s) ago
  • Updated:September 16, 2026 at 10:58 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Living area:2,756 sq. ft.

Structure and exterior

  • Year built:1923
  • Building area:2,756 sq. ft.
  • Lot area:0.19 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$745,000
  • Price per sq. ft.:$270.32

Parking

  • Total parking spaces:3
  • Parking description:Driveway
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Classic Estates is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Classic Estates, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Sol Almarines

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