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2632 2640 7th Avenue, Los Angeles, CA 90018

Property

2632 2640 7th Avenue, Los Angeles, CA 90018 Sold April 2025 CRMLS
$2,000,000Sold April 2025

Listing Agent: Douglas Steinriede (DRE #00284936) · Listing Office: Dover Management Corp. · Contact: 818-843-5200 · Bought with: Michael Dixon · NAI Capital, Inc. · MLS #24453399 · Source: CRMLS

6
Bedrooms
8
Bathrooms
5,080
Sq Ft
6,602 sqft
Lot Size
1941
Year Built
Property
Type
2
Stories

About this property

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.

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 #24453399 · 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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