1714 7Th Avenue, Los Angeles, CA 90019
-
Listed Price :
$1,100,000
-
Beds :
7
-
Baths :
6
-
Property Size :
3,018 sqft
-
Year Built :
1949
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.
Interior Features
| Bedroom Information |
| Bedrooms |
7 |
| Bathroom Information |
| Bathrooms |
6 |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
| Heating Type |
Wall Furnace |
Listing Information
| Address |
1714 7Th Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90019 |
| County |
Los Angeles |
| Listing Agent |
Jesse Stamps DRE #01412557 |
| Courtesy Of |
Keller Williams Beverly Hills |
| List Price |
$1,100,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
3,018 |
| Lot Size |
7,503 |
| Year Built |
1949 |
Listing information courtesy of: Jesse Stamps, Keller Williams Beverly Hills. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 18th, 2025 at 1:33 PM 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.
