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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

    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.

    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#: 25497245MLS Logo

    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