2440 Wabash Avenue, Los Angeles, CA 90033

Los Angeles
Local realty services provided by:ERA Excel Realty
2440 Wabash Avenue,Los Angeles, CA 90033
$820,000
  • 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:$820,000
  • Price per sq. ft.:$297.53

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:147 day(s) ago
  • Updated:May 09, 2026 at 01:23 PM

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:$820,000
  • Price per sq. ft.:$297.53

Parking

  • Total parking spaces:3
  • Parking description:Driveway
Based on information from California Regional Multiple Listing Service, Inc. as of May 9, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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