top of page
2707-E-7th-St.jpg
2707 E 7th St, Los Angeles, CA 90023

2707 East 7th Street

Price: 
Land Price / SF:
Year Built: 
APN: 

$1,085,000

$155,592

1922

5189-011-052

Building Area:
Land Area: 
Zoning:
Status: 

4,272 SF

8,02 SF

LAC2

Active

Vector 1.png
  • 8-Unit Property with Value-Add Potential 

  • Single Level with Eight 1 Bed / 1 Bath Units 

  • Six Freestanding Bungalow Style Units and One Duplex Building 

  • Each Unit Separately Metered with its Own Laundry 

  • Below Market Rents Offer Significant Upside Potential 

Vector 2.png

The Ovaness-Rostamian Group of Marcus & Millichap is excited to present an exceptional investment opportunity in the ever-improving Boyle Heights neighborhood of Los Angeles. This 8-Unit property offers a value-add opportunity that promises significant upside potential due to below market rents.

 

The property sits on a single level with eight 1 Bedroom/1 Bath style units. Six of the units sit freestanding bungalow style with one building sitting as a duplex. Each unit is separately metered and has it’s own laundry. With rents below market and the majority of the units freestanding investors can expect substantial returns from improving the property and pursuing market rents.

 

Furthermore, the property is located in a very walkable neighborhood (Walk Score 78) walking distance from the Boyle Heights Sports Center and Park as well as walking distance from 4 major elementary and high schools such as Soto Street Elementary, Hollenbeck Middle School, as well as Bishop Mora Salesian High School and Theodore Roosevelt High School. This proximity to schools and parks adds to the convenience and desirability of the location.

 

For commuters and those needing to travel, the property benefits from its convenient location just a 2-minute drive from the to the 5,101 and 110 Freeways. Additionally, the property is within 0.5 mile proximity to the Soto Saratoga and Lorena L.A. METRO stations, providing easy access to shopping, dining, and entertainment options as well as commuting to work.

 

Overall, this opportunity in Boyle Heights presents an attractive investment option. With its highly centralized location, attractive unit orientation, substantial upside potential, and convenient access to amenities and transportation, this property is well-positioned to generate strong returns for savvy investors. 

2707 E 7th St 1
Unlock OM

Click here to download

bottom of page