Price Reduced! Multi-Family Investment property located in Mid City LA minutes away from Koreatown, Downtown, and Hancock Park. This building's plumbing was redone with copper a few years back and main sewage pipe has just been replaced a couple weeks ago (for both buildings). Windows have also been repaired recently. Assessor records show front building at 2,951 sqft and rear building at 775 sqft. This is a rent control area. Great value add opportunity (rents are relatively low for the area). Renovate and obtain higher rents. Great potential for rental property!
Off market
$1,022,500
1638 7th Ave, Los Angeles, CA 90019
7beds
5baths
3,726sqft
MultiFamily
Built in 1919
-- sqft lot
$1,022,500 Zestimate®
$274/sqft
$2,788 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Other, Gas
Cooling
- None
Appliances
- Included: Microwave, Refrigerator
Features
- Flooring: Other
Interior area
- Total interior livable area: 3,726 sqft
Property
Parking
- Total spaces: 1
Features
- Exterior features: Other
Lot
- Size: 5,458 sqft
Details
- Parcel number: 5072016022
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1919
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- ListingArea: Mid Los Angeles
- ListingStatus: Active
- PropertyType: Residential Income
- SourceLivingArea: Other
- SourceLotSizeArea: Other
- ParkingGarage: On street
- UnitTypeType: 2106, 2107, 2108, 2109
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Estimated market value
$1,022,500