INVESTORS, BUILDERS, DEVELOPERS LAND VALUE: Looking for a great project with upside potential? This fourplex has each unit with 1 bedroom, 1 bath room for a total of 3,600 sq. ft. There is a detached garage in the rear, so bring your ADU plans to see if you can maximize the use of this spacious lot. Additionally, there is ample parking in the driveway and a backyard for large gatherings. The property is located in close proximity to the Exposition & Crenshaw Line to LAX, the 10 and 110 freeways, USC, Johnny's West Adams, Harold & Belle's, Highly Likely, Party Beer Co, and the other ultra-hot neighborhood hubs: Leimert Park & West Adams. Take advantage of this rare opportunity and start generating income upon project completion. Please do not walk onto property or approach doorways. This is an "as-is" sale.
Sold for $1,000,000 on 09/20/24
$1,000,000
2000 7th Ave, Los Angeles, CA 90018
4beds
4baths
3,600sqft
Multi Family
Built in 1914
-- sqft lot
$974,700 Zestimate®
$278/sqft
$3,424 Estimated rent
Home value
$974,700
$877,000 - $1.08M
$3,424/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 20, 2024 at 05:39am
Listed by:
Joseph Norfleet DRE # 01304280 310-483-4960,
Bankers Realty Exclusive, Inc. 818-880-9925
Bought with:
David Yeomans, DRE # 00986597
Bankers Realty Exclusive, Inc.
Source: CLAW,MLS#: 23-262915
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Wall
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Ceiling Fan(s)
Interior area
- Total structure area: 3,600
- Total interior livable area: 3,600 sqft
Property
Parking
- Total spaces: 6
- Parking features: Detached, Driveway, Covered
- Garage spaces: 4
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: Ground Level w/steps
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 7,501 sqft
- Features: City Lot
Details
- Additional structures: Other
- Parcel number: 5060022010
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1914
Utilities & green energy
- Sewer: In Street
- Water: District
Community & neighborhood
Security
- Security features: None
Location
- Region: Los Angeles
HOA & financial
Other financial information
- Total actual rent: 31200
Price history
| Date | Event | Price |
|---|---|---|
| 9/20/2024 | Sold | $1,000,000$278/sqft |
Source:  CLAW #23-262915 | ||
| 7/26/2024 | Pending sale | $1,000,000$278/sqft |
Source: CLAW #23-262915 | ||
| 10/17/2023 | Listed for sale | $1,000,000$278/sqft |
Source: CLAW #23-262915 | ||
| 10/14/2023 | Contingent | $1,000,000$278/sqft |
Source: CLAW #23-262915 | ||
| 10/12/2023 | Listed for sale | $1,000,000$278/sqft |
Source: CLAW #23-262915 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,492 -17.5% | $1,000,000 -17.5% |
| 2024 | $15,137 +1.9% | $1,211,583 +2% |
| 2023 | $14,852 +4.8% | $1,187,828 +2% |
Find assessor info on the county website
Neighborhood: Jefferson Park
Nearby schools
GreatSchools rating
- 4/10Arlington Heights Elementary SchoolGrades: K-5Distance: 0.2 mi
- 4/10Johnnie Cochran, Jr., Middle SchoolGrades: 6-8Distance: 0.2 mi
- 4/10Los Angeles Senior High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: Los Angeles Unified
Source: CLAW. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$974,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$974,700