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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
Last Updated | 10/1/2024 | Year Built | 1941 |
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Community | Mid Los Angeles | County | Los Angeles |
Additional Details
AREA | Mid Los Angeles |
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HOA DUES | 0 |
LOT | 0.3 acre(s) |
LOT DESCRIPTION | Gentle Sloping |
STORIES | 2 |
ZONING | LAR3 |
Location
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