2632 7th Avenue Active

Los Angeles,CA 90018

$ 2500000

- Bed

0 Bath

10112 SqFt


Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 10,112 sqft

Price per Sqft $247

MLS Listing ID CL24431409

HOA Y/N No

Year Built 1941

Lot Size 0.303 Acres

Acres 0.3

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

Location

State CA

County Los Angeles

Area Listing

Zoning LAR3

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 5051001014

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