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2624 7Th Ave

Los Angeles, CA 90018
  • $1,999,999
  • STATUS: Active
  • ON SITE: 19 days
  • MLS #: 21-732040
Open House
UPDATED: 36 min ago
$1,999,999
  • 6
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,327
    SQFT
  • $462
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1939
County:

School Ratings & Info

Description

Catch the LA vibe in this one of a kind West Adams 4 plex. 3 apartment homes are fully furnished with LA based designs and decor and will be delivered vacant!! ~ALL UNITS DELIVERED VACANT~ This compound is currently operating as short term rental (30+ days), super host. This property has been featured in movies, commercials and fashion shoots. The Mid Century theme, original charm with modern appeal, spacious units, large windows and an abundance of natural light radiates positive vibes & energy. This property was recently renovated and has newer shingle roof including new sub-roof (2020), newer water heaters, updated plumbing & exterior painting, & drought tolerant landscaping. Kitchens and baths were renovated as well, and each unit comes with washer/ dryers in the unit. The compound is private & secure with new gate around the perimeter and motorized gate for driveway entry. This is a unique & convenient opportunity that offers several income generating options!! Owner can also occupy and lease out others units at market rent. Send an email to request marketing packet for additional photos and information.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-22T11:42:37.62. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/117803289
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2624 7Th Ave Los Angeles, CA 90018

  • Price: $1,999,999
  • Status: Active
  • Updated: 36 min ago
  • MLS #: 21-732040
6
Beds
0
Baths
0
½ Baths
0.15
Acres
4,327
SQFT
$462
$/SQFT
1939
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
Catch the LA vibe in this one of a kind West Adams 4 plex. 3 apartment homes are fully furnished with LA based designs and decor and will be delivered vacant!! ~ALL UNITS DELIVERED VACANT~ This compound is currently operating as short term rental (30+ days), super host. This property has been featured in movies, commercials and fashion shoots. The Mid Century theme, original charm with modern appeal, spacious units, large windows and an abundance of natural light radiates positive vibes & energy. This property was recently renovated and has newer shingle roof including new sub-roof (2020), newer water heaters, updated plumbing & exterior painting, & drought tolerant landscaping. Kitchens and baths were renovated as well, and each unit comes with washer/ dryers in the unit. The compound is private & secure with new gate around the perimeter and motorized gate for driveway entry. This is a unique & convenient opportunity that offers several income generating options!! Owner can also occupy and lease out others units at market rent. Send an email to request marketing packet for additional photos and information.
Exterior Features

Carport Spaces Total 4 Covered Parking 4 Cross Streets Adams Blvd Direction Faces West Exterior Construction Stucco Lot Description Automatic GateBack YardFenced YardFencedExterior Security LightsFront YardLandscapedSingle Lot Lot Size Area 6600 Other Structures Stall(S) Parking Garage Covered ParkingDetachedAssignedDrivewayGated Pool Description None Pool YN No Spa None Spa YN No Tennis Court None Tennis YN No Total Parking 4 View Description Any View YN Yes Water Frontage None

Interior Features

Bathroom Features RemodeledTile Baths Total 4.00 Common Walls Attached Cooking Appliances GasOvenMicrowave Cooling Wall/WindowWindow Unit(S) Equipment Ceiling FanDishwasherDryerGarbage DisposalMicrowaveWasherRefrigeratorRange/Oven Fireplace Rooms None Flooring Hardwood Heating Wall Interior Features Furnished Kitchen Features IslandRemodeled Laundry In Unit Laundry Equipment Own Water Heater Features Gas Windows Garden WindowDrapes/Curtains

Property Features

Assessed Total Value 1050804 Electric Expense 900.00 Gardener Expense 1440.00 Gross Income 156000 Gross Operating Income 151320 Inclusions Property is Not StagedAll FurnitureArtAnd Decor included in Sale Insurance Expense 1300.00 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Monthly Gross Income 13000.00 Net Operating Income 96720.00 Number Of Buildings 1 Number Of Units 4 Owner Pays ElectricityGardenerGasWater Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Automatic GateExterior Security LightsGatedSmoke Detector Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 54600 Trash Expense 720.00 Type Of Units Apartments Water Public Water Expense 900.00 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Beita Miles DRE#01953382 of Beita Miles.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-22T11:42:37.62. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210