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2632 2644 7th Avenue

Los Angeles (City), CA 90018
  • $2,500,000
  • STATUS: Active Under Contract
  • ON SITE: 171 Days
  • ID#: 24431409
Under Contract
UPDATED: 53 min ago
$2,500,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1941
County:

School Ratings & Info

Listing Agent(s): Douglas Steinriede of Dover Management Corp. (818-843-5200)


Description

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

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-15T16:31:25.893. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker. Licensed in the State of California, USA.
www.socalrealestatelistings.com/homes/154201884
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2632 2644 7th Avenue Los Angeles (City), CA 90018

  • Price: $2,500,000
  • Status: Active Under Contract
  • On Site: 171 Days
  • Updated: 53 min ago
  • ID#: 24431409
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1941
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
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
Exterior Features

Lot Features Gentle Sloping Parking Total 0

Property Features

Association Fee 0 Disclosures Trust/Conservatorship Listing Agreement Probate Listing Service Full Service Special Listing Conditions Probate Listing Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-15T16:31:25.893. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker. Licensed in the State of California, USA.
 
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Coldwell Banker
19440 Goldenwest St
Huntington Beach CA, 92648
Listing Agent(s): Douglas Steinriede of Dover Management Corp. (818-843-5200)