3414 7th Avenue, Los Angeles, CA 90018
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$ 700,000
Est. payment | /mo

4 Beds

1,408 SqFt


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$ 700,000
Est. payment | /mo
Save

4 Beds

1,408 SqFt

Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Pending

Purchase Type For Sale

Square Footage 1,408 sqft

Price per Sqft $497

MLS Listing ID CL26844807

Bedrooms 4

HOA Y/N No

Year Built 1925

Lot Size 5,808 Sqft

Acres 0.13

Property Sub-Type OTHER

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.

Location

State CA

County Los Angeles

Zoning LAR1

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

View Y/N true

View City Lights

Total Parking Spaces 6

Building

Lot Description Other

New Construction No

Others

Tax ID 5044025007

Bridge MLS
Listed by William James • Lyon Stahl Investment Real Estate, Inc.

NEARBY SCHOOLS & PROPERTIES

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Roland & Lydia Osage
Roland & Lydia Osage

Agent | License ID: 02055089

+1(925) 206-9799

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3414 7th Avenue