2656 East 7th Street Los Angeles, CA ^$ 875,000

2656 East 7th Street

^$ 875,000

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2656 East 7th Street

Los Angeles, CA, 90023

^$ 875,000

Bedrooms4 Baths2.1 Sq 2,728

Monthly Estimate*

^$ 6,112

Listed by eXp Realty of California Inc.

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Multi-Family Home for sale in Los Angeles, CA

for $875,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,728 square foot home was built in 1921 on a lot size of 0.1544.

Introducing a promising investment opportunity in Los Angeles, this duplex offers a profitable rental potential, awaiting the touch of a skilled visionary! Although in need of some renovations and improvements, this duplex presents an ideal canvas for an investor with an eye for transforming diamonds in the rough. With the right upgrades, this property has the potential to become a highly desirable living space, attracting tenants seeking modern amenities and comfort

Multi-Family Pending

Price

^$ 875,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.1544

Year Built

1921

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW24023798

Days on Market

Features

General

Interior Features AllBedroomsDown

Sewer PublicSewer

Heating WallFurnace

Cooling None

Garage Spaces 2.0

Pool Features None

Year Built 1921

View CityLights

Property SubType Duplex

Gross Income 43080.0

Community Features Curbs StreetLights Sidewalks

County Los Angeles

Net Operating Income 3590.0

Operating Expense 0.0

Insurance Expense 2001.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Pending

Directions South of Whittier Blvd

City Los Angeles

Entry Location 1

View Y/N Y

Senior Community Y/N N

Total Units 2

MLS Area BOYH - Boyle Heights

Lot Size Square Feet 6724.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name East 7th

Listing Terms Submit

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 2400.0

Home Warranty Y/N N

Fuel Expense 960.0

Trash Expense 2400.0

Water Sewer Expense 2400.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 42

Building Area Units SquareFeet

Standard Status Pending

Year Built Source Assessor

Tax Lot 80

Property Sub Type Additional Duplex

Exterior

Parking Features Driveway

Lot Features Item25UnitsAcre SlopedDown Paved

Water Source Public

Total Parking 2.0

Lot Size Area 6724.0

Number of Buildings 2

Spa N

Building Area Total 2728.0

Lot Size Acres 0.1544

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 2

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Laundry Features WasherHookup Outside

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 2656

* Excluded Features

List By

Exp Realty Of California Inc.

Broker

(562) 715-3103

Phone

Affordability Calculator

$6,112

Per Month

Monthly Principal & Interest: $6,112
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,989,624

Percent of Sale Price 127%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/7/2024	$875,000		Listed Price

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2656 East 7th Street, Los Angeles, CA, 90023 is a Multi-Family Home for sale at $875,000 with 2,728 sqft and a lot size of 0.1544. 2656 East 7th Street has 4 bedrooms, 2.1 baths, and was built in 1921. The property's zip code is 90023 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/7/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2656 East 7th Street

Multi-Family Home for sale in Los Angeles, CA

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