2461 Wabash Ave Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90033
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,926 sqft
Price per Sqft $441
MLS Listing ID 25518739PS
Bedrooms 3
Year Built 1923
Lot Size 5,502 Sqft
Acres 0.1263
Property Sub-Type Multi-Family
Property Description
Exceptional Investment Opportunity in Booming Boyle Heights. An exceptional investment opportunity in the rapidly evolving Boyle Heights neighborhood. This meticulously maintained duplex, totaling 1,926 sq ft of combined living space, offers immediate rental income and substantial future appreciation potential. Unlike many properties in the area, this duplex boasts significant recent upgrades, ensuring minimal immediate capital expenditure. The front unit, a spacious 1,050 sq ft, 2-bedroom, 1-bathroom residence, has been meticulously renovated for modern living. The kitchen has been transformed with sleek quartz countertops, contemporary cabinetry, and stainless steel appliances. An intelligent wall removal has created a seamless, open-concept flow into the living area, maximizing space and light. Newer flooring and windows enhance the unit's appeal, while the bathroom has been tastefully updated. The rear unit, a comfortable 876 sq ft, 1-bedroom, 1-bathroom, provides a solid rental income stream. A long gated driveway leads to a two single car garage detached building from the units. The exterior has been recently painted, adding to the property's curb appeal. Zoned LARD1.5, this property offers potential for future development. Its prime Boyle Heights location provides easy access to downtown Los Angeles's business and nightlife, as well as major freeways. This property stands out from the competition with its superior maintenance and recent upgrades, positioning it to command premium rental rates. In a market where opportunity moves fast, this is a chance to secure a high-performing asset. Do not delay, as this offering is primed for immediate action." Property is being sold "AS IS"
Location
State CA
County Los Angeles
Area Boyle Heights
Zoning LARD1.5
Rooms
Other Rooms Other
Interior
Heating Wall
Cooling Ceiling Fan, Wall/Window
Equipment Ceiling Fan
Exterior
Parking Features Garage Is Detached, Garage - 2 Car, Driveway, Driveway Gate, Driveway - Concrete
Garage Spaces 4.0
Building
Story 1
Level or Stories One
Others
Special Listing Condition Standard