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Three-Unit Income Property in Los Angeles
For Sale
$950,000

2814 Wabash Ave, Los Angeles, CA 90033

Three-unit income property in a rapidly growing Los Angeles neighborhood.

Property Size2,184 SF
Lot Size0.14 Acres
Days on Market265

Property Features for 2814 Wabash Ave

General Information

Standard status Active
Size 2,184 SF
Lot size 0.14 Acres
Property subtype Investment

Building Details

Building Size 2,184 SF
Year Built 1924
Stories 1
Units 3
Listing Agency:
Listed By: Eddie Angulo · License #DRE #01111807
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 8 at 5:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Eddie Angulo

Investment Insights

Based on property information with market context.

This three-unit income property is situated on a 5,917-square-foot lot. It is suitable for both experienced investors and first-time multifamily buyers. Two of the units feature three bedrooms and one bathroom each, while the third unit includes one bedroom and one bathroom. All three units have hardwood floors. The property includes three on-site parking spaces and low-maintenance greenery. The buildings have new roofs. Located in the City of Terrace, Los Angeles County, the property offers convenient access to the 5, 10, 60, and 710 freeways. It is also located near Cal State University Los Angeles, Downtown Los Angeles, Pasadena, and San Gabriel Valley.

Key Highlights

  • Income‑generating 3‑unit property, ideal for investors or first‑time multifamily buyers.
  • New roofs on both buildings, ensuring reduced maintenance costs.
  • Desirable location in the City of Terrace (Los Angeles County) near major freeways (5, 10, 60, 710).

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,672
Businesses Nearby

Demographics for 90033, CA

46,081
Population
13,874
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
54%
High-School Grad
3.3 sq mi
ZIP Area
13,964
Density / Sq Mi
$56,001
Median Household Income
$29,600
Median Earnings
$1,391
Median Rent
$669,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit income property in a rapidly growing Los Angeles neighborhood.
Where is this triplex located?
The property is located at 2814 Wabash Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Income‑generating 3‑unit property, ideal for investors or first‑time multifamily buyers.; New roofs on both buildings, ensuring reduced maintenance costs.; Desirable location in the City of Terrace (Los Angeles County) near major freeways (5, 10, 60, 710).
More about this property
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