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2822 7th Ave

3 Unit Apartment Building $1,523,727 CAD ($507,909 CAD/Unit) 3.84% Cap Rate Los Angeles, CA 90018

Investment Highlights

  • Value add opportunity
  • Very Walkable- Close to shops and schools
  • Close to new metro station

Executive Summary

Excellent multi-family investment opportunity located on a prime street in Jefferson Park! Triplex with tremendous upside potential. Deep 7,500 sq ft lot with a detached 2 car garage. Located close to many new and hip local bars and restaurants, just north of the Crenshaw Blvd shopping district and Leimert Park. Close proximity to all public transit option, including the new metro station. USC, DTLA are minutes to the east. MidCity and Hollywood are just minutes to the north. Culver City is just minutes to the west, making Jefferson Park one of the most centrally located districts in all of LA. Public schools, library and park, are all located within walking distance. Don't miss this opportunity to own in one of LA's most sought-after neighborhoods!
Please CALL/TEXT Steven Lopez at 213-505-3085 with any inquiries and for all showing requests.
2 BED / 1 BATH + 1 BED/ 1 BATH TO BE DELIVERED VACANT AT COE.

Property Facts

Price $1,523,727 CAD
Price Per Unit $507,909 CAD
Sale Type Investment
Cap Rate 3.84%
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.17 AC
Building Size 2,068 SF
Average Occupancy 33%
No. Stories 1
Year Built 1906

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 $4,394 CAD -
1+1 2 $2,977 CAD -
Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code LAR3 (Residential)
LAR3 (Residential)
  • Listing ID: 33586242

  • Date on Market: 2024-10-21

  • Last Updated:

  • Address: 2822 7th Ave, Los Angeles, CA 90018

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