Los Angeles, CA 90019,1714 7th AVE
Los Angeles, CA 90019,1714 7th AVE
Los Angeles, CA 90019,1714 7th AVE
5
$1,105,000
$1,100,000
0.5%
Est.Price: ?

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7 BD
6 BA
3,018 SqFt

1714 7th AVE Los Angeles, CA 90019

Est. payment /mo
SOLD DATE : 03/13/2025

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Key Details

Sold Price $1,105,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,018 sqft

Price per Sqft $366

MLS Listing ID 25497245

Sold Date 03/13/25

Bedrooms 7

HOA Y/N No

Year Built 1949

Lot Size 7,501 Sqft

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 C16 - Mid Los Angeles

Zoning LARD2

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Assigned, Private

Total Parking Spaces 6

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5072015016

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jesse Stamps • Keller Williams Beverly Hills
Bought with Jian Juan Yu • Thousands Realty & Management

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agent

Dallas Baker

+1(424) 243-7444

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