Homes for sale - 2632 2640 7th AVE, Los Angeles, CA 90018

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Josh Gregorio

josh.gregoriorealestategroup@gmail.com +1(661) 447-5111

$ 2,500,000

Est. payment | -/mo

6 Beds

8 Baths

5,080 SqFt

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$ 2,500,000

Est. payment | -/mo

Save

6 Beds

8 Baths

5,080 SqFt

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,080 sqft

Price per Sqft $492

MLS Listing ID 24453399

Bedrooms 6

HOA Y/N No

Year Built 1941

Lot Size 6,603 Sqft

Property 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.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR3

Interior

Fireplace No

Exterior

Garage Concrete, Uncovered

Parking Type Concrete, Uncovered

Total Parking Spaces 9

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5051001014

Special Listing Condition Standard

Listed by Douglas Steinriede • Dover Management Corp.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(661) 447-5111

josh.gregoriorealestategroup@gmail.com

3400 Calloway Dr Suite 700, Bakersfield, California, 93312, USA

2632 2640 7th AVE Los Angeles, CA 90018

Josh Gregorio

Key Details

Location

Interior

Exterior

Building

Others

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2632 2640 7th AVE