1714 7th Avenue, Los Angeles, CA 90019

About this property

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.

Listing description from the March 2025 sale, as reported to CRMLS.

Sale history

$1,105,000

Sold March 2025 · listed $1,100,000, on market February 2025 · MLS #25497245 · Source: CRMLS

Listing Agent: Jesse Stamps · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Jian Juan Yu · Thousands Realty & Management

$1,075,000

Sold December 2020 · on market November 2020 · MLS #20661998 · Source: CRMLS

Listing Agent: Sevak Keshishian · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Sevak Keshishian · Marcus & Millichap

$590,000

Sold June 2013 · listed $595,000, on market March 2013 · MLS #13660931 · Source: CRMLS

Listing Office: Donny Adonis Ekine · Contact: 213-383-2265 · Bought with: Amanda Collins · Brock Real Estate

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