1714 7th Ave Los Angeles, CA 90019

Multi-Family (2-4 Units) MLS #: 25497245 Courtesy Of KELLER WILLIAMS BEVERLY HILLS REALTY

$1,100,000

7 beds | 3,018 sq ft
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Estimated monthly payments: $4,808/mo.* (recalculate)

Property InformationDescription

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.
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Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Lot Size: 0.17 Acres

MAP & DIRECTIONS

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1714 7th Ave, Los Angeles, CA 90019
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School Information

1714 7th Ave, Los Angeles, CA 90019

Elementary School
Grades KG-5 | Public School
ARLINGTON HEIGHTS ELEMENTARY SCHOOL
Los Angeles, CA 90019
1717 7th Ave
323.­735.1021
Distance: 0.0 mi
School Rating
C-
Student:Teacher Ratio
22:1
Total Students
327
Middle School
Grades 6-8 | Public School
JOHNNIE COCHRAN JR. MIDDLE SCHOOL
Los Angeles, CA 90019
4066 W Johnnie Cochran Vis
323.­730.4300
Distance: 0.2 mi
School Rating
D+
Student:Teacher Ratio
17:1
Total Students
522
High School
Grades 9-12 | Public School
LOS ANGELES HIGH SCHOOL
Los Angeles, CA 90019
4650 W Olympic Blvd
323.­900.2700
Distance: 1.1 mi
School Rating
D+
Student:Teacher Ratio
20:1
Total Students
1117
Other Nearby Schools Distance Type Grades School Rating
Global Education Academy 2 0.1 mi Public KG-5 A-
City Language Immersion Charter 0.2 mi Public KG-5 C-
Spirit Child Development Center 0.2 mi Private KG
Carson - Gore Academy Of Enviornmental Studies 0.3 mi Public KG-5 B-
St Paul Elementary School 0.3 mi Private KG-8
Pico Pico Middle School 0.5 mi Public 6-8 C-
Sound Of Music Preschool 0.7 mi Private KG
Math And Science College Preparatory 0.7 mi Public 9-12 B+
Mid-city's Prescott School Of Enriched Sciences 0.7 mi Public 1-5 B-
Joseph Pomeroy Widney Career Preparatory And Transition Center 0.8 mi Public 11-12
Queen Anne Place Elementary School 0.8 mi Public KG-5 B-
Alta Loma Elementary School 0.8 mi Public KG-5 C
Crown Preparatory Academy 0.9 mi Public 5-8 C+
24th Street Elementary School 0.9 mi Public KG-4 B+
Crown Preparatory Academy 0.9 mi Public 5
Roenne's School 1.0 mi Private PK-T1
Lashon Academy City 1.0 mi Public KG-6
6th Avenue Elementary School 1.0 mi Public KG-5 D
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90019

Median Age: 39.8
Married: 33%
Number of Households: 22,608
Households with Children: 23%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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