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$ 2,500,000
Est. payment /mo
Active
2632 7th Avenue Los Angeles, CA 90018
10,112 SqFt
UPDATED:
11/23/2024 07:21 PM
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
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Douglas Steinriede • Dover Management Corp.