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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 Market164

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: Caldwell Realty
Listed By: Luisa Angulo · License #01111807
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 4:55AM

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 Caldwell Realty

Investment Insights

Based on property information with market context.

This three-unit income property is situated on a 5,917-square-foot lot and is suitable for both experienced investors and first-time multifamily buyers. The property features two units with three bedrooms and one bathroom each, and one unit with one bedroom and one bathroom. All three units have hardwood floors. New roofs have been installed on both buildings. The property includes three on-site parking spaces and low-maintenance greenery. Located in the City of Terrace, within 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, making it an ideal investment property.

Key Highlights

  • Income‑generating 3‑unit property, ideal for investors or first‑time multifamily buyers.
  • Located in a rapidly growing neighborhood with convenient access to the 5, 10, 60, and 710 freeways.
  • Two units are 3 bedrooms, 1 bath; one unit is 1 bedroom, 1 bath.

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
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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.; Located in a rapidly growing neighborhood with convenient access to the 5, 10, 60, and 710 freeways.; Two units are 3 bedrooms, 1 bath; one unit is 1 bedroom, 1 bath.
More about this property
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