2814 Wabash Ave Los Angeles, CA 90033
Estimated payment $5,748/month
Total Views
39,451
7
Beds
2
Baths
2,184
Sq Ft
$435
Price per Sq Ft
Highlights
- No HOA
- Living Room
- 1-minute walk to Wabash Recreation Center
- James A. Garfield Senior High School Rated A
- 1-Story Property
About This Home
This outstanding 3-unit income property on a 5,917-lot size is ideal for both seasoned investors and first-time multifamily buyers in a rapidly growing neighborhood. Two units are 3 bedrooms, 1 bath. One unit 1 bedroom, 1 bath. New roofs on both buildings. All three units have hardwood floors. The property offers 3 on-site parking spaces and very low maintenance greenery. Property is located in the City of Terrace (Los Angeles County). Conveniently near the 5, 10, 60, and 710 freeways. Located near Cal State University Los Angeles, Downtown Los Angeles, Pasadena, and San Gabriel Valley. This is an ideal investment property!
Listing Agent
Caldwell Realty Brokerage Phone: 562-756-4866 License #01111807 Listed on: 10/15/2023
Co-Listing Agent, Showing Contact
Caldwell Realty Brokerage Phone: 562-756-4866 License #01875030
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,016
Year Built
- Built in 1924
Lot Details
- 5,917 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Home Design
- Triplex
Interior Spaces
- 2,184 Sq Ft Home
- 1-Story Property
- Living Room
- Laminate Flooring
Bedrooms and Bathrooms
- 7 Bedrooms
- 2 Bathrooms
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
Additional Features
- Exterior Lighting
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 17 / H
- Tax Tract Number 203
- Assessor Parcel Number 5178003040
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,796
- Water Sewer Expense $3,720
- New Taxes Expense $5,640
- Operating Expense $11,156
- Gross Income $43,144
- Net Operating Income $43,144
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,016 | $467,240 | $376,811 | $90,429 |
| 2024 | $6,016 | $458,079 | $369,423 | $88,656 |
| 2023 | $5,907 | $449,098 | $362,180 | $86,918 |
| 2022 | $5,646 | $440,293 | $355,079 | $85,214 |
| 2021 | $5,571 | $431,661 | $348,117 | $83,544 |
| 2020 | $5,621 | $427,236 | $344,548 | $82,688 |
| 2019 | $5,413 | $418,860 | $337,793 | $81,067 |
| 2018 | $5,283 | $410,648 | $331,170 | $79,478 |
| 2016 | $5,054 | $394,704 | $318,311 | $76,393 |
| 2015 | $4,984 | $388,776 | $313,530 | $75,246 |
| 2014 | $5,018 | $381,162 | $307,389 | $73,773 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2024 12/30/24 | Price Changed | $950,000 | -5.0% | $435 / Sq Ft |
| 04/28/2024 04/28/24 | Price Changed | $999,888 | -4.8% | $458 / Sq Ft |
| 02/19/2024 02/19/24 | Price Changed | $1,050,000 | -4.5% | $481 / Sq Ft |
| 10/15/2023 10/15/23 | For Sale | $1,100,000 | -- | $504 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $372,000 | Ticor Title Co | |
| Interfamily Deed Transfer | -- | Ticor Title | |
| Grant Deed | $165,000 | Ticor Title | |
| Trustee Deed | $326,777 | Accommodation | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $219,500 | New Conventional | |
| Previous Owner | $140,000 | Unknown | |
| Previous Owner | $280,000 | New Conventional | |
| Previous Owner | $177,000 | Unknown | |
| Previous Owner | $157,500 | Unknown |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23188703
APN: 5178-003-040
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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