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Active 8 days on market

3414 7th Avenue

Los Angeles, CA 90018

$700,000

3414 7th Avenue
3414 7th Avenue photo 2
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+16 more
4Beds
0Baths
1,408Sq Ft
0.13Acres
1925Built

About This Home

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.

Property Details

Property TypeResidentialIncome
Year Built1925
Living Area1,408 sq ft
Lot Size0.13 acres
Bedrooms4
Bathrooms0 full
Parking Total6
HeatingWallFurnace
CoolingWallWindowUnits
PoolNo
MLS #1174092559
Days on Market8 days

Location

Listed by

William James

Lyon Stahl Investment Real Estate, Inc.

MLS# CLW-X93306

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.