$2,500,000
2632 7th Ave Los Angeles, CA 90018
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$2,500,000
Est. payment /mo
6 BD
8 BA
10,112 SqFt
Active
2632 7th Ave Los Angeles, CA 90018
UPDATED:
08/28/2024 07:46 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,112 sqft
Price per Sqft $247
MLS Listing ID 24-431409
Bedrooms 6
Year Built 1941
Lot Size 0.303 Acres
Acres 0.1516
Property Description
With upside potential on current rents, this property offers exceptional prospects for rental income growth. Coupled with a strong going-in basis and a low price per unit, 2632 - 2640 7th Avenue presents a valuable investment opportunity with significant potential for financial returns and long-term appreciation. Capital improvements include updated electrical (2023). Ample parking adds to the appeal for prospective tenants. The neighborhood is located in the city's central region, between Hancock Park and Miracle Mile, and is bordered by West Third Street, LaBrea Avenue, Wilshire Boulevard, Crenshaw Boulevard, Pico Boulevard, and Fairfax Avenue.Reach out today for more information. SOLD AS-IS. SUBJECT TO COURT APPROVAL AND OVERBID
Location
State CA
County Los Angeles
Area Mid Los Angeles
Zoning LAR3
Interior
Heating Other
Building
Story 2
Others
Special Listing Condition Probate Listing
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Dover Management Corp.
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