3414 7th Ave, Los Angeles, CA 90018
3414 7th Ave, Los Angeles, CA 90018
3414 7th Ave, Los Angeles, CA 90018
20
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$700,000
Est. payment /mo
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4 Beds
2 Baths
1,408 SqFt
New

3414 7th Ave Los Angeles, CA 90018

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,408 sqft

Price per Sqft $497

MLS Listing ID 26844807

Style Spanish

Bedrooms 4

Year Built 1925

Lot Size 5,808 Sqft

Acres 0.1333

Property Sub-Type Multi-Family

Property Description

This well-kept side-by-side duplex presents a strong opportunity for an owner-user or investor to acquire a stabilized, updated asset in a convenient Los Angeles location just below Jefferson Blvd. Built in 1925, the property consists of two spacious two-bedroom, one-bath units generating $1,810.33 and $1,740.69 per month, providing stable in-place income with nearly 50% upside in rents. The interiors have been updated, the property is fully gated, and each unit is separately metered for gas and electricity, with water master metered. The lot benefits from alley access along the north side and rear of the property, improving ingress and egress to the rear parking area, which can accommodate approximately eight vehicles. With its generous parking, gated layout, and potential to add ADUs under SB1211, the property offers multiple paths for future value creation while also qualifying as an attractive owner-user opportunity with available financing options.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAR1

Rooms

Other Rooms Shed(s)

Interior

Heating Wall

Cooling Wall/Window

Fireplaces Type None

Equipment None

Laundry In Unit

Exterior

Parking Features Uncovered

Garage Spaces 6.0

Pool None

Waterfront Description None

View Y/N Yes

View City

Building

Lot Description Single Lot, Alley Paved, Yard, Fenced, Lot-Level/Flat, Lot Shape-Rectangular

Story 1

Architectural Style Spanish

Level or Stories One

Structure Type Stucco

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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3414 7th Ave