Residential Income Details
Marcus & Millichap is pleased to present for sale a unique "add-value" opportunity located at 3118 Wabash venue. The unit mix is comprised of six 1 + 1 units, sixteen 2 + 1 units, and two 3 + 1 units This property is located in the exciting, up and coming Boyle Heights neighborhood, minutes east of Downtown Los Angeles.This property sits on the corner of Wabash Avenue, just east of Evergreen Avenue. The building has immediate access to the 10 freeway, and the Art's District of Downtown Los Angeles is less than a 17-minute bike ride away. This property offers an investor the rare opportunity to add-value to a vintage building in the heart of an emerging neighborhood. This area is predominately comprised of attractive single family homes, surrounded by increasingly popular restaurants, retail and entertainment venues, drawing a wide range of creative professional tenants. Property is subject to City Ordinance #183893 pertaining to soft-soft story parking retrofit
|Number of Units||24|
|Status||Active Under Contract|
|Listing Brokerage||Marcus & Millichap|
|Listing Agent||Barry Gordon|
|Listing Agent BRE #||00925711|
Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, September 6, 2018.
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