$9,990,000

4085 W 7th Street, Los Angeles, CA 90005

  • 48 beds |
  • 48 baths |
  • 29,020 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon0.62acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $344/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

UNIT MIX: 2Bed, 1.75Bath x 20. 1Bed, 1Bath x 8. Actual Monthly Income: $53,200/mo. $638,400/yr. FIRST TIME ON THE MARKET in over two decades, this self-run/easy managed 28-unit RC/HPOZ apartment is situated in the quiet small pocket of Wilshire Park in greater Mid-Wilshire area, just a block south from Windsor Square-Hancock Park with an average home price of over $6 million +. This apartment comes with an ample subterranean gated parking for 20 cars in addition to plenty more street parking with District #566 Permit Exempt dedicated for sufficient parking allocation in the neighborhood. It has a community laundry, hardwood floored units with amazing sizeable layouts reminiscent of good-ole heydays when spaces weren't any concerns and built on a massive 27,000 SF RD2 corner-lot with huge open COURTYARD. A quick 10 min-walk to Wilshire/Western Metro station, an easy 10 min-drive to DTLA and Beverly Hills to east and west. All units have been remodeled within the last ten years per owner. All units are current on their rents with majority long-termed lessees. Showing/Inspection upon "accepted offer" DRIVE-BY ONLY! For all inquiries, email L/A. Phone calls will not be answered.

Listing Status:
Active
Date Added:
June 27, 2024 at 05:00AM
Listing Office:
High Equity Real Estate Service, Inc. : 310-528-5240
Listing Agent:
Peter Yoo : 213-272-8678
MLS ID:
24407923
  • General: Ceiling Fan(s)
  • Appliances: Gas CooktopDisposalMicrowaveRefrigerator
  • Laundry: Common Area
  • Flooring: CarpetWood
  • Heating: Wall Furnace
  • Fireplace: None
  • Disability Feature: None
  • General: None
  • Pool: None
  • Parking: UndergroundGatedPrivateParking spaces: 20
  • General: 2
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LARD25092009030
  • View: None
  • Source: CRMLS

This listing courtesy of Peter Yoo, High Equity Real Estate Service, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

W

Wilshire Park Elementary

4063 Ingraham St, Los Angeles, CA, 90005

Grades KG-5

0.08 miles away

G

Girls Academic Leadership Academy Dr. Michelle King School STEM

1067 West Blvd, Los Angeles, CA, 90019

Grades 6-12

0.89 miles away

G

Girls Academic Leadership Academy Dr. Michelle King School STEM

1067 West Blvd, Los Angeles, CA, 90019

Grades 6-12

0.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.