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Three-Unit Income Property For Sale
For Sale
$950,000

2814 Wabash Avenue, Los Angeles, CA 90033

Three-unit income property in a rapidly growing neighborhood.

Property Size2,184 SF
Days on Market1090

Property Features for 2814 Wabash Avenue

General Information

Standard status Active
Size 2,184 SF
Property subtype Triplex

Building Details

Building Size 2,184 SF
Year Built 1924
Listing Agency: Caldwell Realty
Listed By: Eddie Angulo · License #01111807
Source: Archetyperealty
Added: Oct 15, 2023 Changed: Sep 22 Last Checked: Oct 7 at 4:54PM

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. 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 provides three on-site parking spaces and low-maintenance greenery. It is located in the City of Terrace, within Los Angeles County, with convenient access to the 5, 10, 60, and 710 freeways. The property is located near Cal State University Los Angeles, Downtown Los Angeles, Pasadena, and San Gabriel Valley. This property is suitable for both experienced investors and first-time multifamily buyers in a rapidly growing neighborhood.

Key Highlights

  • Three‑unit income property ideal for investors or first‑time multifamily buyers
  • Two units are 3 bedrooms, 1 bath; one unit is 1 bedroom, 1 bath
  • New roofs on both buildings**

Property Analytics

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Current Use

Triplexes

Suggested Use

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

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

1,090
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 neighborhood.
Where is this triplex located?
The property is located at 2814 Wabash Avenue 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: Three‑unit income property ideal for investors or first‑time multifamily buyers; Two units are **3 bedrooms, 1 bath**; one unit is 1 bedroom, 1 bath; New roofs on both buildings**
More about this property
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