2700 E 7th Street, Los Angeles, CA 90023

About this fourplex

Incredible investment opportunity in Boyle Heights, just minutes from Downtown LA and the Arts District. This 4-unit multifamily property sits on a corner lot and features four 1-bedroom, 1-bath units, each with its own address: 2700 & 2702 E 7th St and 1002 & 1004 Orme Ave. All units are currently tenant-occupied, rent controlled (RSO), and rented significantly below market, offering strong upside potential for the savvy investor. The property is low-maintenance with a gated entry for added tenant privacy. Low maintenance! Tenants cover their own utilities with the exception of water for the two units on 7th St, which are on a shared meter. The layout is ideal for passive income, and the location offers high rental demand due to its centrality, making this a perfect buy-and-hold or 1031 exchange opportunity. Don’t miss your chance to own a property with tremendous long-term potential!

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

Sale history

$535,000

Sold July 2025 · listed $650,000, on market March 2025 · MLS #PW25082755 · Source: CRMLS

Listing Agent: Manny Perez-Perez · Listing Office: Erik Michael Ransdell, Broker · Contact: 714-392-6380 · Bought with: ENRIQUE CASTELLANOS · FRIENDLY HILLS REALTY

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