1714 7th Avenue
Los Angeles, CA 90019
- – beds
- – baths
- – sqft
- 7,503 sqft lot
- 1949 build
- – on site
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.
Last checked:
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Last updated Feb 12, 2025
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MLS# 25497245 —
The Building
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Year Built:1949
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New Construction:No
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Building Area Total:3018.00
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Total Number Of Units:6
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:North of Washington Blvd, South of Venice Blvd
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Latitude:34.04123800
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Longitude:-118.32448800
The Property
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Property Type:Residential Income
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Zoning:LARD2
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Lot Size Area:7503.0000
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Lot Size Acres:0.1722
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Lot Size SqFt:7503.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5072015016
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Appliances
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Appliances:Refrigerator
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned, Private
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Parking Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/11/25
Feb 11, 2025
|
Listed / Active | CRMLS_CA | $1,100,000 | 2.3% (0.6% / YR) |
|
12/29/20
Dec 29, 2020
|
CRMLS_CA | $1,075,000 | ||
|
12/2/20
Dec 2, 2020
|
CRMLS_CA | $1,075,000 |
