Located in the highly sought-after Arlington Heights area of Los Angeles, this property sits in a strong rental market, offering an easy-to-manage building with incredible potential. This exceptional investment opportunity boasts a stabilized 5% Cap Rate and nearly 55% rental upsideideal for the savvy investor seeking long-term growth. All units are separately metered for water, gas, and electricity, ensuring low operating expenses. The property includes ample parking with 6 spaces (1 per unit) and the potential to add ADUs. Recent improvements include a retrofitted balcony with an approved staircase, newly paved driveway and parking area, and a roof upgrade in 2021. A prime opportunity for those looking to maximize returns in an up-and-coming neighborhood of Los Angeles.
Sold for $1,105,000 on 03/13/25
$1,105,000
1714 7th Ave, Los Angeles, CA 90019
7beds
6baths
3,018sqft
Multi Family
Built in 1949
-- sqft lot
$1,088,900 Zestimate®
$366/sqft
$2,859 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 13, 2025 at 08:49am
Listed by:
Jesse Stamps DRE # 01412557 310-963-8939,
Keller Williams Beverly Hills 310-432-6400
Bought with:
Jian Juan Yu, DRE # 01873384
Thousands Realty & Management
Source: CLAW,MLS#: 25497245

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Heating
- Wall
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Refrigerator, Range/Oven
Interior area
- Total structure area: 3,018
- Total interior livable area: 3,018 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Private
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,501 sqft
Details
- Additional structures: None
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1949
Community & neighborhood
Location
- Region: Los Angeles
Services availability
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Estimated market value
$1,088,900