$2,500,000 $13,421 est/mo Sourced by Back At You
2632 2640 7th Avenue,Los Angeles, CA 90018
Los Angeles, CA 90018
Description
With a 99% upside potential on current rents, this property offers exceptional prospects for rental income growth. Coupled with a strong going-inbasis 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.
Details
| MLS# | 24453399 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1941 |
| Days On Site | 196 |
| Listing Provided By | Dover Management Corp. 818-843-5200 | Douglas Steinriede |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 8 |
| SQ Feet | 5,080 |
| Story(s) | 2 |
| Units | 16 |
| Building(s) | 2 |
| Zoning | LAR3 |
| Acreage | 0.15 |
Market Activity 90018
Request a showing
Request a showing
Loading Form
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90018 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90018) | |
Price: $2,500,000 low | high Med: $1,290,000 SqFt: 5,080 low | high Med: 5,264 $ / SqFt: $492 low | high Med: $245 On site: 196 low | high Med: 364.000000 | |
Listing Updated: February 3, 2025 at 2:27:15 PM PST