2632 2644 7th Avenue, Los Angeles, CA 90018

About this commercial property

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 description from the April 2025 sale, as reported to CRMLS.

Sale history

$2,000,000

Sold April 2025 · listed $2,500,000, on market August 2024 · MLS #24431409 · Source: CRMLS

Listing Agent: Douglas Steinriede · Listing Office: Dover Management Corp. · Contact: 818-843-5200 · Bought with: Michael Dixon · NAI Capital, Inc.

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