2632-2644 7th Avenue
$2,500,000
12
16
10,112
10,112
$247
Description
With a 99% 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). The inclusion of washer and dryer hookups, and ample parking adds to the appeal for prospective tenants. The neighborhood is...With a 99% 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). The inclusion of washer and dryer hookups, and 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.
- Listed by Douglas Steinriede • DRE #00284936 • Brokerage DRE #00284936 • Dover Management Corp.
Property Details for 2632-2644 7th Avenue
Water Front
None
ZoningLAR3
Cross Streets7th Avenue and W. 27th Street
Parcel Number5051001014
Total Units16.0
Living Area10112
Source Living AreaOther
AreaMid Los Angeles (C16)
LISTING UPDATED: 11/22/2024 04:57 PM
Property Details for 2632-2644 7th Avenue
Status | Active |
---|---|
MLS # | 24-466507 |
Days on Market | 104 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1941 |
Lot Size | 0.30 AC / 13,205 SF |
County | Los Angeles County |
Building Information for 2632-2644 7th Avenue
Stories2Residences-Year Built1941Building Size-Lot Size0.30 AC / 13,205 SF
Property Information for 2632-2644 7th Avenue
Property History for 2632-2644 7th Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 2632-2644 7th Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Sixth Avenue Elementary School PublicK to 5 | ||
Johnnie Cochran, Jr., Middle School Public6 to 8 | ||
Susan Miller Dorsey Senior High School Public9 to 12 | ||
Math And Science College Preparatory Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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