Listed By:
Joseph Norfleet with Bankers Realty Exclusive, Inc.;
Address
2000 7th Avenue, Los Angeles, CA
Price
$ 1,000,000
Property Attributes
  • MLS#23262915
  • TypeMulti-Family
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90018
  • Style
  • Price$ 1,000,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3600
  • Lot Size7,501 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

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.

Price History
4/22/2023 Listed $1,000,000

General Features

Interior Features CeilingFans
Sewer Other
Heating WallFurnace
Cooling None
Possession CloseOfEscrow
Zoning LARD2
Garage Spaces 4.0
Pool Features None
Year Built 1914
Tenant Pays Gas
View None
Stories 2
Levels Two
Gross Income 31200.0
Accessibility None
County Los Angeles
Net Operating Income 25600.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Facing Direction East
Garage Y/N Yes
Special Listing Conditions Standard
Status Active
Buyer Financing Cash,Conventional
Directions 7th Avenue and Washington Blvd
City Los Angeles
Entry Location Ground Level w/steps
View Y/N No
Senior Community Y/N No
High School District Los Angeles Unified
Open Parking Spaces 2.0
Total Units 4
MLS Area C16 - Mid Los Angeles
Lot Size Square Feet 7500.0
Private Pool No
Waterfront Y/N No
Carport Spaces 0.0
Carport Y/N No
Street Name 7th
Listing Terms Cash,Conventional
Spa Features None
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N Yes
Days on Market 212
Standard Status Active
Occupancy Description Tenant
MobileHomeRemainsYN No

Interior Features

Total Stories 2
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Avenue
Total Bedrooms 4
Electric On Property Y/N No
Total Baths 4

Exterior Features

Parking Features Covered,Driveway
Water Source Public
Total Parking 4.0
Lot Size Area 7500.0
Number of Buildings 1
Spa No
Building Area Total 3600.0
Lot Size Acres 0.1722
Lot Size Units SquareFeet
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 90018

Price
AVG $1.28M
$1M
Visits
AVG 55
267
Data Provided by Inside Real Estate®
Year Built
AVG 1928
1914