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    2624 7Th Ave

    Los Angeles, CA 90018
    • $1,950,000
    • STATUS: Active
    • ON SITE: 51 days
    • ID#: 21-732040
    $1,950,000
    • 6
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,327
      SQFT
    • $451
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1939
    County:

    School Ratings & Info

    Description

    Rare opportunity in the high demand area of West Adams. 4 units will be DELIVERED VACANT. This property is ideal for an owner user. Each of the units are very spacious ( 2 beds = 1,225 sqft & 1 beds = 924 sqft), oversized living areas with formal dining rooms and oversized windows that allow for natural light. The updated modern kitchens & baths, refinished hardwood floors, and in unit laundry is ideal for families.The front garden & rear common area allow for peaceful work from home vibes. This property has a newer shingle roof including new sub-roof (2020), new water heaters, updated plumbing, exterior painting, & drought tolerant landscaping. These apartment homes are private & secure with new gates around the perimeter and motorized gate for driveway entry. This location is exceptional where single family homes are selling for up to $2 million within 1 miles. Just a 20 minute drive to some of Los Angeles' top Landmarks; Griffith Observatory, Hollywood Bowl, Dodger Stadium, SOFi Stadium, LACMA & The Broad just to name a few. Notable and trendy dining just minutes away are Mizlala, Highly Likely Cafe, and Alta West Adams, staples in the community! USC Village is just blocks aways for your nearest Trader Joes & Target shopping. Coming soon in trendy West Adams are Alsace Boutique Hotel, Red Bay Coffee Roastry & Farmhouse Kitchen. Don't miss out~

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-23T23:42:45.767. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/117803289
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    2624 7Th Ave Los Angeles, CA 90018

    • Price: $1,950,000
    • Status: Active
    • ID#: 21-732040
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    4,327
    SQFT
    $451
    $/SQFT
    1939
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    Rare opportunity in the high demand area of West Adams. 4 units will be DELIVERED VACANT. This property is ideal for an owner user. Each of the units are very spacious ( 2 beds = 1,225 sqft & 1 beds = 924 sqft), oversized living areas with formal dining rooms and oversized windows that allow for natural light. The updated modern kitchens & baths, refinished hardwood floors, and in unit laundry is ideal for families.The front garden & rear common area allow for peaceful work from home vibes. This property has a newer shingle roof including new sub-roof (2020), new water heaters, updated plumbing, exterior painting, & drought tolerant landscaping. These apartment homes are private & secure with new gates around the perimeter and motorized gate for driveway entry. This location is exceptional where single family homes are selling for up to $2 million within 1 miles. Just a 20 minute drive to some of Los Angeles' top Landmarks; Griffith Observatory, Hollywood Bowl, Dodger Stadium, SOFi Stadium, LACMA & The Broad just to name a few. Notable and trendy dining just minutes away are Mizlala, Highly Likely Cafe, and Alta West Adams, staples in the community! USC Village is just blocks aways for your nearest Trader Joes & Target shopping. Coming soon in trendy West Adams are Alsace Boutique Hotel, Red Bay Coffee Roastry & Farmhouse Kitchen. Don't miss out~
    Exterior Features

    Carport Spaces Total 4 Covered Parking 4 Cross Streets Adams Blvd Direction Faces West Exterior Construction Stucco Garage Structures Total 1 Lot Description Automatic GateBack YardFenced YardFencedExterior Security LightsFront YardLandscapedSingle Lot Lot Size Area 6600 Other Structures Stall(S) Parking Garage Covered ParkingDetachedAssignedDrivewayGated Pool Description None Pool YN No Spa None Spa YN No Tennis Court None Tennis YN No Total Parking 4 View Description Any View YN Yes Water Frontage None

    Interior Features

    Bathroom Features RemodeledTile Baths Total 4.00 Common Walls Attached Cooking Appliances GasOvenMicrowave Cooling Wall/WindowWindow Unit(S) Equipment Ceiling FanDishwasherDryerGarbage DisposalMicrowaveWasherRefrigeratorRange/Oven Fireplace Rooms None Flooring Hardwood Heating Wall Interior Features Furnished Kitchen Features IslandRemodeled Laundry In Unit Laundry Equipment Own Water Heater Features Gas Windows Garden WindowDrapes/Curtains

    Property Features

    Assessed Total Value 1050804 Electric Expense 900.00 Gardener Expense 1440.00 Gross Income 156000 Gross Operating Income 151320 Inclusions Property is Not StagedAll FurnitureArtAnd Decor included in Sale Insurance Expense 1300.00 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Monthly Gross Income 13000.00 Net Operating Income 96720.00 Number Of Buildings 1 Number Of Units 4 Owner Pays ElectricityGardenerGasWater Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Automatic GateExterior Security LightsGatedSmoke Detector Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 54600 Trash Expense 720.00 Type Of Units Apartments Water Public Water Expense 900.00 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Beita Miles DRE#01953382 of Beita Miles.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-23T23:42:45.767. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583