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2822 7Th Ave, Los Angeles, CA 90018
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2822 7Th Ave Los Angeles, CA 90018

$1,299,999
  • 8 Beds
  • 7 Baths
  • 2,068 Sq.Ft.
For Sale
$1,299,999 Get Pre-Qualified
Map preview of 2822 7Th Ave, Los Angeles, CA 90018

Property Overview: 2822 7Th Ave Los Angeles, CA has 8 bedrooms, 7 bathrooms, 2,068 living square feet and 7,507 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Explore this USC-adjacent triplex, conveniently located just 2 miles from campus. The rear unit offers 3BR/2BA, a private terrace, and tiled floors, while the two front units present 1BR/1BA with laminate flooring. Each property has newly renovated bathrooms, kitchens as well as in-unit laundry. With a 10-year-old roof and plenty of parking in the long driveway, this triplex is now leased at market rates, making it an ideal investment prospect. Seize the opportunity to purchase this investment property in this highly sought-after neighborhood near USC, which combines modern amenities and convenience.

Listed by John Heinz | BRE #01901640 | Century 21 Cornerstone
Last checked: 1 minute ago | Last updated: May 4th, 2024 | Source CRMLS | DOM: 94
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Home details

Lot Sq. Ft
7,507
HOA Dues
$0/mo
Year built
1906
Garage
2 Car
Property Type:
Triplex
Status
Active
MLS#
DW23229780
City
Los Angeles
County
Los Angeles
Time on Site
119 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.9%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $88,800
  • Net Operating Income: $86,300
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,500
  • Trash: $0
  • Insurance: $100
  • Water/Sewer: $160

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Property Details for 2822 7Th Ave

Interior Features
Heating Information
  • None, Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Driveway, Garage Faces Front
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5051019010
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Jefferson and 7th ave
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 2822 7Th Ave

Last sold on July 19th, 2018

  • February, 2024

  • Feb 5, 2024

    Date

    Active

    CRMLS: DW23229780

    $1,299,999

    Price

  • December, 2018

  • Dec 28, 2018

    Date

    Expired

    CRMLS: DW18064148

    $888,888

    Price

  • Oct 5, 2018

    Date

    Price Change

    CRMLS: DW18064148

    $888,888

    Price

  • Sep 24, 2018

    Date

    Price Change

    CRMLS: DW18064148

    $899,800

    Price

  • Aug 13, 2018

    Date

    Price Change

    CRMLS: DW18064148

    $899,888

    Price

  • Jul 27, 2018

    Date

    Price Change

    CRMLS: DW18064148

    $899,988

    Price

  • Jul 5, 2018

    Date

    Price Change

    CRMLS: DW18064148

    $899,999

    Price

  • Jul 1, 2018

    Date

    Price Change

    CRMLS: DW18064148

    $999,988

    Price

  • Apr 14, 2018

    Date

    Price Change

    CRMLS: DW18064148

    $999,995

    Price

  • Mar 20, 2018

    Date

    Active

    CRMLS: DW18064148

    $999,999

    Price

  • Listing provided courtesy of CRMLS

    Jefferson Park/USC Area Beautiful 3 Units that offers a 2 Bedroom Home and a DUPLEX with two 1 bedroom and 1 bath units, a 2 car detached garage, close to everything, DTLA, USC, Colosseum, Metro line, 10 & 110 FWYS, LA LIVE and more

  • July, 2018

  • Jul 19, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2001

  • Mar 30, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2822 7Th Ave

Assessed Value (2020): $252,307
Year Land Value Improved Value Assessed Value
2020 $134,564 $117,743 $252,307

Home Value Compared to the Market

This property vs the competition

2822 7Th Ave is listed 4% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $628.63 per/sqft which puts the price per square foot 19.1% lower than the median price per square foot for the city of Los Angeles.

About 2822 7Th Ave

Detailed summary of property

2822 7Th Ave is a triplex located in Los Angeles, CA 90018 and is currently for sale. This triplex offers 8 bedrooms, 7 bathrooms, roughly 2,068 living square feet, and sits on an approximately 7,507 square foot lot. 2822 7Th Ave was first listed on ArdentRealEstateGroup.com on January 20, 2024. The homeowner is currently asking $1,299,999. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 4% higher than the median priced home. Local competing homes currently for sale include 2546 S Bronson Ave, 2015 6th Ave and 2314 Crenshaw Blvd. While the average home in Los Angeles, CA is selling in 92 days, 2822 7Th Ave has a days on market of 94 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2822 7Th Ave Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2822 7Th Ave

Public county record property details
Beds
5
Baths
3
Year built
1906
Sq. Ft.
2,068
Lot Size
7,504
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5051-019-010

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$949,000
Median List Price/Sq.Ft.
$684
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
53
Median Sale to List Price %
105.67%
Avg Days on Market
29
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Recently Sold Homes Near 2822 7Th Ave

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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