Totaling 19,260 SF, the subject property includes 24 apartment units, a retail space and turnkey office space located on the northeast corner of 7th & Valencia. This is a unique owner user or investment opportunity to purchase a building that has been meticulously maintained throughout the years with stable cash flow and additional upside in the retail and office rents.1425 W 7th Street consists of 24 apartment units, a 1,150 SF retail space, and an 2,300 SF turnkey office. The property also features a 700 SF space that can be converted to additional office space or possible short-term rental unit. The 1,800 SF office with access from 7th Street is fully built out and ideal for an owner user to utilize as a turnkey office space. The retail space located on the hard corner of Valencia & 7th is currently leased at below market rent on a month-to-month basis to a convenience store operator.
Off market
$4,436,100
1425 W 7th St, Los Angeles, CA 90017
24beds
24baths
19,260sqft
MultiFamily
Built in 1910
-- sqft lot
$4,436,100 Zestimate®
$230/sqft
$1,339 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 24
Cooling
- Central, Wall
Appliances
- Included: Microwave, Refrigerator
- Laundry: Community
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 19,260 sqft
Property
Features
- Exterior features: Brick
- Has view: Yes
- View description: City
Lot
- Size: 6,464 sqft
Details
- Parcel number: 5143013028
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1910
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Equipment: Range/Oven, Refrigerator, Ceiling Fan, Microwave
- Heating: Wall, Other
- ListingStatus: Active
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- SourceLotSizeArea: Vendor Enhanced
- ViewDescription: City, City Lights
- Cooling: Wall Unit(s), Air Conditioning, Ceiling Fan
- Flooring: Hardwood
- Laundry: Community
- ListingArea: Downtown L.A.
- ExteriorConstruction: Brick
- Country: US
- SourceLotSizeDimensions: Vendor Enhanced
- Roof: Flat
- UnitTypeType: 2106, 2107, 2108, 2109, 2110
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Estimated market value
$4,436,100