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Sold$535,000on Jul 31, 2025
2700 E 7th Street, Los Angeles, Ca 90023
Erik Michael Ransdell, Broker
4Beds
4Baths
99Days Listed
About This Property
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. Dont miss your chance to own a property with tremendous long-term potential!
Manny Perez-PerezErik Michael Ransdell, Broker626-484-3008
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 4
- Bathrooms
- 4
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Sold
- Days on Market
- 99
- Cumulative Days on Market
- 78
- Original Price
- $650,000
Location & Neighborhood
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Los Angeles Market Snapshot
1,496
Active Listings
$799K
Median Price
84
Avg Days on Market
Last updated: Aug 2, 2025
More Sold Properties in Los Angeles
View allBased on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.
$650,000