2700 E 7th Street
Los Angeles, CA 90023
- 4 beds
- – baths
- 1,670 sqft
- 4,290 sqft lot
- $389 per sqft
- 1922 build
- – on site
Incredible investment opportunity in Boyle Heights, just minutes from Downtown LA and the Arts District. This 4-unit multifamily property sits on a corner lot and features four 1-bedroom, 1-bath units, each with its own address: 2700 & 2702 E 7th St and 1002 & 1004 Orme Ave. All units are currently tenant-occupied, rent controlled (RSO), and rented significantly below market, offering strong upside potential for the savvy investor. The property is low-maintenance with a gated entry for added tenant privacy. Low maintenance! Tenants cover their own utilities with the exception of water for the two units on 7th St, which are on a shared meter. The layout is ideal for passive income, and the location offers high rental demand due to its centrality, making this a perfect buy-and-hold or 1031 exchange opportunity. Don’t miss your chance to own a property with tremendous long-term potential!
Last checked:
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Last updated Apr 16, 2025
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MLS# CRPW25082755 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1922
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Building Area Units:Square Feet
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Building Area Total:1670
Room Dimensions
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Living Area:1670
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Living Area Units:Square Feet
Location
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Directions:From I-10 E exit on Soto St. Turn right onto E 7th
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Parcel Number:5189013020
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Zoning:LAR2
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Lot Features:Corner Lot
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Lot Size Area:0.1
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Lot Size Acres:0.1
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Lot Size SqFt:4290
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Lot Size Units:Acres
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:2047.00
Beds
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Bedrooms Total:4
The Listing
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Listing Terms:Cash
Appliances
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Laundry Features:Inside
The Community
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Association:false
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 |
|---|---|---|---|---|
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4/16/25
Apr 16, 2025
|
Listed / Active | BRIDGE | $650,000 |
