1714 7Th Avenue

Los Angeles, CA 90019

$1,100,000

List Price

7

bed Beds

6

shower Baths

3,018 sqft

straighten / sqft

1949

calendar_month Built

Property Description

Located in the highly sought-after Arlington Heights area of Los Angeles, this property sits in a strong rental market, offering an easy-to-manage building with incredible potential. This exceptional investment opportunity boasts a stabilized 5% Cap Rate and nearly 55% rental upsideideal for the savvy investor seeking long-term growth. All units are separately metered for water, gas, and electricity, ensuring low operating expenses. The property includes ample parking with 6 spaces (1 per unit) and the potential to add ADUs. Recent improvements include a retrofitted balcony with an approved staircase, newly paved driveway and parking area, and a roof upgrade in 2021. A prime opportunity for those looking to maximize returns in an up-and-coming neighborhood of Los Angeles.

Listing Information

List Price $1,100,000
Status Active
MLS 25497245
Type Residential Income
Year Built 1949
Lot Size 7,503
Structure Size 3,018
DOM 8
Courtesy Of Keller Williams Beverly Hills
Listing Agent Jesse Stamps DRE#01412557

Interior Features

Total Bedroom
Bedrooms 7
Total Bathroom
Bathrooms 6
Cooling Type
Cooling Type Wall/Window Unit(s)
Heating Type
Heating Type Wall Furnace

Maps

home_work Nearby Properties

Listing information courtesy of: Jesse Stamps, Keller Williams Beverly Hills 310-963-8939. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 18th, 2025 at 1:33 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.