17
See all 17 photos
$2,500,000
Est. payment /mo
12 BD
16 BA
10,112 SqFt
New
2632 2644 7th AVE Los Angeles, CA 90018
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UPDATED:
11/23/2024 01:08 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,112 sqft
Price per Sqft $247
MLS Listing ID 24466507
Bedrooms 12
HOA Y/N No
Year Built 1941
Lot Size 0.303 Acres
Property Description
With a 99% upside potential on current rents, this property offers exceptional prospects for rental income growth. Coupled with a strong going-in basis and a low price per unit, 2632 - 2640 7th Avenue presents a valuable investment opportunity with significant potential for financial returns and long-term appreciation. Capital improvements include updated electrical (2023). The inclusion of washer and dryer hookups, and ample parking adds to the appeal for prospective tenants. The neighborhood is located in the city's central region, between Hancock Park and Miracle Mile, and is bordered by West Third Street,LaBrea Avenue, Wilshire Boulevard, Crenshaw Boulevard, Pico Boulevard, and Fairfax Avenue.Reach out today for more information.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR3
Interior
Fireplace No
Exterior
Parking Features Driveway, Private, One Space
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5051001014
Special Listing Condition Probate Listing
Listed by Douglas Steinriede • Dover Management Corp.
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