3414 7th Avenue, Los Angeles, CA 90018
- $700,000
- 4
- BD
- 2
- BA
- 1,408
- SqFt
Listing courtesy of Listing Agent: William James (will@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
- List Price
- $700,000
- Status
- PENDING
- Days on Market
- 18
- MLS#
- 26844807
- Subtype
- Residential Income
- Style
- Spanish
- Year Built
- 1925
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,408
- Lot Size
- 5,808
- Acres
- 0.13
- MLS Area Major
- Park Hills Heights (PHHT)
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.
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Additional Information
- Property Description
- Spanish
- Zoning
- LAR1
- Heating
- Wall Furnace
- Air Conditioning
- Yes
- Exterior Construction
- Stucco
- Stories
- One Level
- Levels
- One
- Pool Type
- None
- Parking Features
- Uncovered
- View
- City Lights
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.