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Off market
  • $4,301,100

    1425 W 7th St, Los Angeles, CA 90017

    24beds
    24baths
    19,260sqft
    MultiFamily
    Built in 1910
    -- sqft lot
    $4,301,100 Zestimate®
    $223/sqft
    $2,158 Estimated rent

    Home value

    $4,301,100

    $3.35M - $5.42M

    $2,158/mo

    Zestimate® history
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    Owner options

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    $2,158/mo

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    $2,158/mo

    Rent Zestimate®

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    $27,697/mo

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    $27,697/mo

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    What's special

    Totaling 19,260 SF, the subject property includes 24 apartment units, a retail space and turnkey office space located on the northeast corner of 7th & Valencia. This is a unique owner user or investment opportunity to purchase a building that has been meticulously maintained throughout the years with stable cash flow and additional upside in the retail and office rents.1425 W 7th Street consists of 24 apartment units, a 1,150 SF retail space, and an 2,300 SF turnkey office. The property also features a 700 SF space that can be converted to additional office space or possible short-term rental unit. The 1,800 SF office with access from 7th Street is fully built out and ideal for an owner user to utilize as a turnkey office space. The retail space located on the hard corner of Valencia & 7th is currently leased at below market rent on a month-to-month basis to a convenience store operator.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 24
    • Bathrooms: 24
    Cooling
    • Central, Wall
    Appliances
    • Included: Microwave, Refrigerator
    • Laundry: Community
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 19,260 sqft

    Property

    Features
    • Exterior features: Brick
    • Has view: Yes
    • View description: City
    Lot
    • Size: 6,464 Square Feet
    Details
    • Parcel number: 5143013028

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1910

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $223/sqft
    • Tax assessed value: $5,380,324
    • Annual tax amount: $66,442

    Price history

    DateEventPrice
    11/5/2021Sold$5,070,000-12.2%$263/sqft
    Source: Public Record Report a problem
    12/11/2020Listing removed$5,775,000$300/sqft
    Source: Marcus & Millichap #20609802 Report a problem
    10/1/2020Price change$5,775,000-2.9%$300/sqft
    Source: Marcus & Millichap #20609802 Report a problem
    9/1/2020Price change$5,950,000-4.8%$309/sqft
    Source: Marcus & Millichap #20609802 Report a problem
    7/28/2020Listed for sale$6,250,000$325/sqft
    Source: Marcus & Millichap #20609802 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$66,442 +1.3%$5,380,324 +2%
    2024$65,568 +1.9%$5,274,828 +2%
    2023$64,315 +4.8%$5,171,400 +293.7%
    2022$61,361 +255.6%$1,313,504 +2%
    2021$17,254 -0.8%$1,287,750 +1%
    2020$17,397 $1,274,547 +2%
    2019$17,397 +4.7%$1,249,557 +2%
    2018$16,611 $1,225,057 +2%
    2017$16,611 +2.3%$1,201,038 +2%
    2016$16,233 +3.7%$1,177,489 +1.5%
    2015$15,649 $1,159,803
    Find assessor info on the county website

    Neighborhood: Westlake

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,301,100
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    Estimated market value
    $4,301,100