714-745-2708

2440 Wabash Avenue, Los Angeles, CA 90033

$745,000 Approx. USD 5 beds, 5 baths
2,756 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Tony Azzi | tazzi@theazzigroup.com
Lic#: 00910513
Broker: Courtesy of Tony Azzi
Phone: 310-909-5454

Agent Remarks

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 capture continued renter demand driven by ongoing neighborhood revitalization, strong urban connectivity, and durable Eastside rental fundamentals.

Listing Details

Property type: (Multi-Family)

Status: Active Under Contract

MLS# 25628211

List price is $745,000 Reduced by $50,000 on 8/5/2026

Price: $745,000

Beds: 5

Baths: 5

Built in 1923

2,756 sqft

1 story

0.19 acres

Lot size: 0.1852

County: Los Angeles

Zoning: LARD3

Parking description: Driveway

MLS area: BOYH - Boyle Heights

Last Updated: 8/26/2026

Days On Market (DOM): 268

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This listing belongs to the BOYH - Boyle Heights MLS area

Lat/Long: 34.052127, -118.202643.
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