Five-Unit Multifamily Investment
For Sale
$795,000
2440 Wabash Ave, Los Angeles, CA 90033
Multifamily investment opportunity in Los Angeles' 90033 zip code.
Property Size2,756 SF
Days on Market130
Property Features for 2440 Wabash Ave
General Information
Standard status
Active
Size
2,756 SF
Property subtype
Multifamily
Amenities
With current rents significantly below market, 2440 Wabash offers a compelling opportunity for interior upgrades, operational enhancements, and strategic repositioning to capture immediate rent upside
Situated near Downtown Los Angeles, USC, and major employment centers, the property benefits from strong renter demand and consistent absorption in one of LA's most stable rental corridors.
Located close to major bus lines, Metro stations, and key freeways, residents enjoy seamless access throughout the city, supporting high occupancy and convenience-driven demand.
The area continues to experience steady growth, supported by local retail, community amenities, and ongoing neighborhood investment, fostering long-term appreciation and sustained renter interest.
Minutes from USC, Downtown's expanding tech and creative sectors, and major medical institutions, the location provides access to a deep and stable tenant pool.
The surrounding community offers a blend of residential stability, improving infrastructure, and growing urban energy, making it attractive to long-term renters seeking value and location.
Walkable access to everyday amenities, public transit, parks, and local services enhances livability and increases the property's appeal to urban renters seeking both affordability and convenience.
Building Details
Building Size
2,756 SF
Units
5
Listing Agency:
Marcus & Millichap - Los Angeles
(310) 909-5454
Listed By:
Tony Azzi · License #License(s): CA: 00910513
(310) 909-5454
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 8
Last Checked: Jul 16 at 1:43AM
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 Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
This is an opportunity to acquire a five-unit investment property located at 2440 Wabash Ave in the 90033 zip code of Los Angeles.
Key Highlights
- Five‑unit investment opportunity
- 2440 Wabash Ave address
- Located in the 90033 zip code of Los Angeles
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,006
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily investment opportunity in Los Angeles' 90033 zip code.
Where is this apartment building located?
The property is located at 2440 Wabash Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Five‑unit investment opportunity; 2440 Wabash Ave address; Located in the 90033 zip code of Los Angeles
