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2000 7th Ave, Los Angeles, CA 90018

Sale Price: $1,000,000
Apr 21, 20233,600 sqft4 beds4 baths
Listed by: Joseph Norfleet
License #: 01304280
Phone #: 310-483-4960
Bankers Realty Exclusive, Inc.
Source:
CRMLS Logo
MLS #: 23262915

Property Description

INVESTORS, BUILDERS, DEVELOPERS LAND VALUE: Looking for a great project with upside potential? This fourplex has each unit with 1 bedroom, 1 bath room for a total of 3,600 sq. ft. There is a detached garage in the rear, so bring your ADU plans to see if you can maximize the use of this spacious lot. Additionally, there is ample parking in the driveway and a backyard for large gatherings. The property is located in close proximity to the Exposition & Crenshaw Line to LAX, the 10 and 110 freeways, USC, Johnny's West Adams, Harold & Belle's, Highly Likely, Party Beer Co, and the other ultra-hot neighborhood hubs: Leimert Park & West Adams. Take advantage of this rare opportunity and start generating income upon project completion. Please do not walk onto property or approach doorways. This is an "as-is" sale.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$15,132

TurboHome Estimated Value

$1,004,400

$279 sqft

High Valuation
$1,054,620
$293/sqft
Normal Valuation
$1,004,400
$279/sqft
Low Valuation
$954,180
$265/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$279/sqft$1,004,400

Neighborhood: Mid City

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Comparative Value

$1.00M

$1.06M

$1.40M

$1.40M

2000 7th Ave, Los Angeles, CA 90018

List Price: $1,000,000

Subject Property

2000 7th Ave, Los Angeles, CA 90018

Sale Price: $1,000,000

Selected Comparable

4506 W 16th Pl, Los Angeles, CA 90019

Sale Price: $1,000,000

Selected Comparable

1501 5th Ave, Los Angeles, CA 90019

Sale Price: $1,065,000

Selected Comparable

2014 Wellington Rd, Los Angeles, CA 90016

Sale Price: $1,395,000

Selected Comparable

2300 W 24th St, Los Angeles, CA 90018

Sale Price: $1,395,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
2000 7th Ave, Los Angeles, CA 90018

2000 7th Ave, Los Angeles, CA 90018

List: $1,000,000

Listed: 4/21/2023

Area:3,600 sqft
Price/sqft:$278
Beds:4
Baths:4
Year Built:
Lot Size:7,500

Comparable Properties

COMPARABLE
Choose comps
2000 7th Ave, Los Angeles, CA 90018

2000 7th Ave, Los Angeles, CA 90018

Sale: $1,000,000

9/20/20240.00 mi

Area:3,600 sqft
Price/sqft:$278
Beds:4
Baths:4
Year Built:
Weight:23.2%
1501 5th Ave, Los Angeles, CA 90019

1501 5th Ave, Los Angeles, CA 90019

Sale: $1,065,000

5/23/20250.46 mi

Area:3,558 sqft
Price/sqft:$299
Beds:5
Baths:4
Year Built:
Weight:19.6%
2014 Wellington Rd, Los Angeles, CA 90016

2014 Wellington Rd, Los Angeles, CA 90016

Sale: $1,395,000

6/27/20250.59 mi

Area:3,188 sqft
Price/sqft:$438
Beds:4
Baths:3
Year Built:
Weight:19.5%
4506 W 16th Pl, Los Angeles, CA 90019

4506 W 16th Pl, Los Angeles, CA 90019

Sale: $1,000,000

8/29/20240.79 mi

Area:4,080 sqft
Price/sqft:$245
Beds:4
Baths:4
Year Built:
Weight:19.2%
2300 W 24th St, Los Angeles, CA 90018

2300 W 24th St, Los Angeles, CA 90018

Sale: $1,395,000

2/18/20250.48 mi

Area:3,494 sqft
Price/sqft:$399
Beds:5
Baths:4
Year Built:
Weight:18.5%

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