Listing provided courtesy of Manny Perez-Perez of Erik Michael Ransdell, Broker. Last updated 2025-04-29 08:12:03.000000. Listing information © 2024 Sandicor.
Asking Price: $650,000 |
2700 7th, Los Angeles CA 90023
Community: BOYH - Boyle Heights
This Quadruplex property was built in 1922 and is priced at $650,000. Please see the additional details below.
Incredible investment opportunity in Boyle Heights, just minutes from Downtown LA and the Arts District. This 4-unit multifamily property sits on a corner lot and features four 1-bedroom, 1-bath units, each with its own address: 2700 & 2702 E 7th St and 1002 & 1004 Orme Ave. All units are currently tenant-occupied, rent controlled (RSO), and rented significantly below market, offering strong upside potential for the savvy investor. The property is low-maintenance with a gated entry for added tenant privacy. Low maintenance! Tenants cover their own utilities with the exception of water for the two units on 7th St, which are on a shared meter. The layout is ideal for passive income, and the location offers high rental demand due to its centrality, making this a perfect buy-and-hold or 1031 exchange opportunity. Don’t miss your chance to own a property with tremendous long-term potential!
