Los Angeles, CA 90019,1714 7th Ave
Los Angeles, CA 90019,1714 7th Ave
Los Angeles, CA 90019,1714 7th Ave
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$1,100,000
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7 BD
6 BA
3,018 SqFt
Active

1714 7th Ave Los Angeles, CA 90019

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Dallas Baker

Dallas Baker

eXp Realty of California

+1(424) 243-7444

UPDATED:

02/18/2025 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,018 sqft

Price per Sqft $364

MLS Listing ID 25497245

Bedrooms 7

Year Built 1949

Lot Size 7,503 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

Property Description

Located in the highly sought-after Arlington Heights area of Los Angeles, this property sits in a strong rental market, offering an easy-to-manage building with incredible potential. This exceptional investment opportunity boasts a stabilized 5% Cap Rate and nearly 55% rental upsideideal for the savvy investor seeking long-term growth. All units are separately metered for water, gas, and electricity, ensuring low operating expenses. The property includes ample parking with 6 spaces (1 per unit) and the potential to add ADUs. Recent improvements include a retrofitted balcony with an approved staircase, newly paved driveway and parking area, and a roof upgrade in 2021. A prime opportunity for those looking to maximize returns in an up-and-coming neighborhood of Los Angeles.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment Refrigerator, Range/Oven

Exterior

Parking Features Assigned, Private

Garage Spaces 6.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Keller Williams Beverly Hills

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Dallas Baker

+1(424) 243-7444

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1714 7th Ave