Property Detail

2632 7th

Los Angeles CA 90018

$2,500,000

Status: Active

Property Details

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

Map Location

Listing provided courtesy of Douglas Steinriede of Dover Management Corp.. Last updated 2024-11-25 09:54:53.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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