2632 2644 7Th Avenue

Los Angeles, CA 90018

$2,500,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1941

calendar_month Built

Property Description

With upside potential on current rents, this property offers exceptional prospects for rental income growth. Coupled with a strong going-in basis 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). 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. SOLD AS-IS. SUBJECT TO COURT APPROVAL AND OVERBID

Listing Information

List Price $2,500,000
Status Active
MLS 24431409
HOA $0
Type Commercial
Year Built 1941
Lot Size 13,205
Structure Size N/A
DOM 104
Courtesy Of Dover Management Corp.
Listing Agent Douglas Steinriede DRE#00284936

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: Douglas Steinriede, Dover Management Corp. 818-843-5200. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 1:55 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.