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$1,000,000   Price Analysis
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2000 7th Ave
Los Angeles, CA 90018
4 bed 4 bath 3,600 SqFt ($277/SqFt)
7,500SqFt lot. Built 1914
Listed 2023-04-22, Taxes $14,174
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

INVESTORS

BUILDERS, DEVELOPERS LAND VALUE: Looking for a extraordnary project with upside potential? This fourplex has each unit with 1 bedroom, 1 bath room for a total of 3, 600 sq. ft. There is a detached garage in the rear, so bring your ADU plans to see if you can maximize the use of this big lot. Additionally, there is ample parking in the driveway and a backyard for large gatherings.

The property is located in close proximity to the Exposition and Crenshaw Line to LAX, the 10 and 110 freeways, USC, Johnny's West Adams, Harold and Belle's, Highly Likely, Party Beer Co and the other ultra-hot neighborhood hubs: Leimert Park and West Adams. Take advantage of thi s rare opportunity and start generating income upon project completion. Please do not walk onto property or approach doorways. This is an as-is sale.


Presented by Joseph Norfleet at
Bankers Realty Exclusive, Inc.


Property MLS #23-262915 from TheMLSCLAW

Bedrooms: 4

Total Bathrooms: 4
Full Bathrooms: 4

Heating Features: Wall, Floor

Water Features: District

Lot Size Acres: 0.1721763
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7500

Garage Spaces: 4
Garage Description: Detached, Driveway, Covered Parking
Parking Total: 4

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 4
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 7800, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 5700, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 9600, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 8100

Gross Income: 31200
Tenant Pays: Gas

School District: Los Angeles Unified

Arlington Heights Elementary School is a public elementary school located approximately 0.2 miles away.
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Johnnie Cochran, Jr., Middle School is a public middle school located approximately 0.3 miles away.
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Los Angeles Senior High School is a public high school located approximately 1.3 miles away.
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Spirit Child Development Center is a private elementary school located approximately 0.2 miles away.
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Source Listing Status: Active
County: Los Angeles
Directions: 7th Avenue and Washington Blvd
Source Property Type: Residential Income
Area: Mid Los Angeles
Source Neighborhood: Mid Los Angeles
Owner Pays: Water, Gardener
Parcel Number: 5060-022-010
Postal Code Plus 4: 1141
Property Location: City
Zoning: LARD2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$350,392 + $814,147
$1,164,539
$14,174
2021$13,335 + $28,511
$41,846
$1,063
2020$13,199 + $28,219
$41,418
$1,064
2019$12,941 + $27,666
$40,607
$1,044
2018$12,688 + $27,124
$39,812
$923
2017$12,440 + $26,593
$39,033
$913
2016$12,197 + $26,072
$38,269
$850
2015$12,014 + $25,681
$37,695
$843
2014$11,779 + $25,178
$36,957
$877
2013$11,726 + $25,065
$36,791
$871
2012$11,497 + $24,574
$36,071
$881
2010$11,272 + $24,093
$35,365
$895
2009$11,215 + $23,970
$35,185
$863
2009$11,188 + $23,913
$35,101
$863
2008$10,996 + $23,500
$34,496
$845
2007$10,781 + $23,040
$33,821
$807

Relisted 2023-11-16
$1,000,000
TheMLSCLAW
Listing removed 2023-11-15
$0
TheMLSCLAW
Listed 2023-04-22
$1,000,000
TheMLSCLAW
Sold 1969-08-22
$21,000
Public Record

Net Operating Income: 25600

Total Square Feet Living: 3600
Year Built: 1914
Common Walls: Attached
Direction Faces: East
Entry Location: Ground Level w/steps
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 110
Roof: Asphalt
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced

Sewer: In Street

Other Equipment: Ceiling Fan
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.