Properties

Los Angeles, CA 90005 4085 W 7th Street

4085 W 7th Street Los Angeles, CA - Image 14085 W 7th Street Los Angeles, CA - Image 24085 W 7th Street Los Angeles, CA - Image 3
3 more
4085 W 7th Street Los Angeles, CA - Image 44085 W 7th Street Los Angeles, CA - Image 54085 W 7th Street Los Angeles, CA - Image 64085 W 7th Street Los Angeles, CA - Image 7
Presented By: Peter Yoo with High Equity Real Estate Service, Inc.;
  • MLS# 24407923
  • 06/27/2024
  • Get pre-approved
  • Request Tour
  • Request Info
  • Beds • 48
  • Baths • 20
  • SQFT • 29,020

Home Details

UNIT MIX: 2Bed, 1.75Bath x 20. 1Bed, 1Bath x 8. Actual Monthly Income: $53,200/mo. $638,400/yr. FIRST TIME ON THE MARKET in over two decades, this self-run/easy managed 28-unit RC/HPOZ apartment is situated in the quiet small pocket of Wilshire Park in greater Mid-Wilshire area, just a block south from Windsor Square-Hancock Park with an average home price of over $6 million +. This apartment comes with an ample subterranean gated parking for 20 cars in addition to plenty more street parking with District #566 Permit Exempt dedicated for sufficient parking allocation in the neighborhood. It has a community laundry, hardwood floored units with amazing sizeable layouts reminiscent of good-ole heydays when spaces weren't any concerns and built on a massive 27,000 SF RD2 corner-lot with huge open COURTYARD. A quick 10 min-walk to Wilshire/Western Metro station, an easy 10 min-drive to DTLA and Beverly Hills to east and west. All units have been remodeled within the last ten years per owner. All units are current on their rents with majority long-termed lessees. Showing/Inspection upon "accepted offer" DRIVE-BY ONLY! For all inquiries, email L/A. Phone calls will not be answered.
Presented By: Peter Yoo with High Equity Real Estate Service, Inc.;

Interior Features for 4085 W 7th Street

Bedrooms

Total Bedrooms48

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths48

Other Interior Features

Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Wood
Heating Y/NYes
Interior AmenitiesCeilingFans
Laundry FeaturesCommonArea
Total Stories2

General for 4085 W 7th Street

AccessibilityNone
Additional Parcels Y/NNo
AppliancesGasCooktop, Disposal, Microwave, Refrigerator
Cap Rate4.8
CityLos Angeles
Community FeaturesGated
CountyLos Angeles
DirectionsWest of Wilton Pl, North of Olympic.
Entry LocationGround Level w/steps
Facing DirectionSouth
Full Baths
Gross Income638400
HOANo
HeatingWallFurnace
LevelsTwo
Living Area29020
Lot Size Square Feet27186
Lot Size UnitsSquareFeet
MLS AreaC18 - Hancock Park-Wilshire
Net Operating Income478400
New ConstructionNo
Number Of Units Total28
Occupancy TypeTenant
Patio/Porch FeaturesNone
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCityLOS ANGELES
Property Attached Y/NYes
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesCarbonMonoxideDetectors, GatedCommunity, SmokeDetectors
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
ViewNone
Virtual TourClick here
Year Built1955
ZoningLARD2

Exterior for 4085 W 7th Street

Building Area Total29020
Lot Size Acres0.6241
Lot Size Area27186
Number of Buildings1
Parking FeaturesUnderground, Gated, Private
Private PoolNo
SpaNo
Total Parking20

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $9,990,000
MLS#24407923
List Date 06/27/2024
Property Type Single Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
Visit My Website

Similar Properties to 4085 W 7th Street

Contact Us

info@connectrealty.com
2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
  • This field is for validation purposes and should be left unchanged.