2700 E 7th Street

Los Angeles, CA 90023

  • 4 Bed(s)
  • 4 Bath(s)
  • 1,670 Sqft
  • 4290
    Sqft(Lot)
$650,000

Description

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!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49367277

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1922
    • Building Area Total: 1,670

    Pool Features

    • None

    Laundry Features

    • Inside

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.0985
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 4290

  • Listing Price Information

    • Original List Price: 650,000
    • Listing Contract Date: 2025-03-24

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5189013020

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: BOYH - Boyle Heights
    • Postal Code Plus 4: 1402
    • Directions: From I-10 E exit on Soto St. Turn right onto E 7th St. Will be on right hand side at the corner of E 7th St and Orme Ave
    • Zoning: LAR2
    • Source Property Type: Residential Income
    • Area: BOYH - Boyle Heights
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 103
    • Common Walls: No Common Walls
    • Structure Type: Quadruplex
    • Year Built Source: Owner
    • Entry Level: 1
    • Entry Location: 1st Floor
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BuyOwner last updated this listing 04/18/2025 @ 20:12

  • MLS: PW25082755
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 4 bedrooms which is for sale, it has 1,670 sqft, 4,290 sized lot, and 0 parking. are nearby neighborhoods.