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Sold for $2,000,000
  • $2,000,000

    2632-2640 7th Ave, Los Angeles, CA 90018

    6beds
    8baths
    5,080sqft
    Multi Family
    Built in 1941
    -- sqft lot
    $1,965,500 Zestimate®
    $394/sqft
    $2,613 Estimated rent

    Home value

    $1,965,500

    $1.77M - $2.18M

    $2,613/mo

    Zestimate® history
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    $2,613/mo

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    Rent Zestimate®

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    $12,832/mo

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    $12,832/mo

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    What's special

    With a 99% upside potential on current rents, this property offers exceptional prospects for rental income growth. Coupled with a strong going-inbasis and a low price per unit, 2632 - 2640 7th Avenue presents a valuable investment opportunity with significant potential for financial returns and long-term appreciation. Capital improvements include updated electrical (2023). The inclusion of washer and dryer hookups, and ample parking adds to the appeal for prospective tenants. The neighborhood is located in the city's central region, between Hancock Park and Miracle Mile, and is bordered by West Third Street,LaBrea Avenue, Wilshire Boulevard, Crenshaw Boulevard, Pico Boulevard, and Fairfax Avenue.Reach out today for more information.

    Zillow last checked:

    Listing updated:

    Listed by:

    Douglas Steinriede DRE # 00284936 818-843-5200,

    Dover Management Corp. 818-843-5200

    Bought with:

    Michael Dixon, DRE # 01004121

    NAI Capital, Inc.

    Source: CLAW,MLS#: 24-453399MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 8
    Heating
    • Other
    Cooling
    • Other
    Interior area
    • Total structure area: 5,080
    • Total interior livable area: 5,080 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Concrete, Open
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,603 Square Feet
    Details
    • Additional structures: Other
    • Parcel number: 5051001014
    • Zoning: LAR3
    • Special conditions: Standard
    • Other equipment: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1941

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $394/sqft
    • Tax assessed value: $92,305
    • Date on market: 10/16/2024

    Price history

    DateEventPrice
    4/30/2025Sold$2,000,000-20%$394/sqft
    Source: CLAW #24-453399 Report a problem
    10/16/2024Contingent$2,500,000$492/sqft
    Source: CLAW #24-453399 Report a problem
    10/16/2024Listed for sale$2,500,000$492/sqft
    Source: CLAW #24-453399 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Jefferson Park

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $1,965,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,965,500