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!
Property Details
Price:
$650,000
MLS #:
PW25082755
Status:
Active
Baths:
0
Address:
2700 E 7th Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
boyhboyleheights
City:
Los Angeles
Listed Date:
Mar 24, 2025
State:
CA
ZIP:
90023
Lot Size:
4,290 sqft / 0.10 acres (approx)
Year Built:
1922
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Schools
Interior
Exterior
Community Features
Curbs, Gutters, Sidewalks, Street Lights
Garage Spaces
0.00
Lot Features
Corner Lot
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Map
Community
- Address2700 E 7th Street Los Angeles CA
- AreaBOYH – Boyle Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90023
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2700 E 7th Street
Los Angeles, CA
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