2731 Wabash Avenue, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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Los Angeles, California 90033
This duplex presents a High-Potential Investment Opportunity with a List Price of $710,000—positioned above the $615,541 Fair Market Value by 15%. While priced above current estimates, the property offers significant value through its Turnkey Renovations, including a fully remodeled 1-bedroom unit and updated bathrooms. Featuring a Condition Rating of 3, the asset benefits from Dual Street Access and high rental demand in Boyle Heights. This is a stable, income-generating Buy-and-Hold Investment ideal for Buy-and-Hold Investors or Owner-Occupants seeking house-hack potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2731 Wabash Avenue Subject | $710,000* List Price | 0 | 0 | 1,587 | $388 | - |
A 2482 Pomeroy Ave Sold | $655,000 | 4 | 1 | 1,848 | $354 | 0.2 mi |
B 2553 Verde Street Active Under Contract | $820,000 List Price | 0 | 0 | 1,624 | $505 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1916, the property is well-maintained with significant recent renovations. One unit is completely remodeled with a modern kitchen (granite counters), new bathroom, and dual-pane windows, while the second unit has a remodeled bath and updated flooring, making both units move-in ready.
Situated in the up-and-coming Boyle Heights area with immediate access to DTLA and major freeways, offering high rental demand and long-term appreciation potential.
Significant upgrades including a fully remodeled 1-bedroom unit and updated bathrooms in both units reduce immediate capital expenditure for the buyer.
The street-to-street lot configuration with access from both Wabash and Dobinson provides superior accessibility and potential for future development or ADU possibilities.
Originally built in 1916, the property may require ongoing maintenance or hidden infrastructure updates common in century-old structures.
The larger three-bedroom unit features only a single bathroom, which may limit rental premium and appeal for modern families or larger households.
Fantastic 2 unit property in Up-And-Coming Boyle Heights, which is conveniently located with very close proximity to downtown Los Angeles (DTLA), shopping, schools, restaurants and easy access to most major freeways-60, 5, 101, 10. There are 2 addresses, 2731 is a 1 bedroom, 1 bath unit located on the left side. 2733 is a 3 bedroom, 1 bath 2 story unit located on the right side. Unit 2731 has been completely remodeled including new kitchen cabinets, granite counter tops, tile flooring. New bathroom tub, tile, vanity and tile floor. New laminate flooring throughout. New vinyl dual pane windows, new paint. The front porch/deck has been replaced. The 3 bedroom unit 2733 bathroom has been remodeled, some upgrades to walls, paint and flooring were done. Lot goes from street to street. Front is accessed from Wabash, rear and driveway are accessed from Dobinson. This is a great investment opportunity, as both units are rented on month to month agreements.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,587 | 2,250 |
| Lot Size | 7,434 | 5,864 |
| Price | $710.0K | $826.7K |
| Price per sq ft | $447 | $395 |
| Built year | 1916 | 1925 |
| HOA | $0 | $0 |
| Days on market | 21 | 83 |
Jul 1, 2026
$710,000
Initial Listing
Jun 14, 2019
$445,000
Public Record