4085 W 7Th Street

Los Angeles, CA 90005

$9,990,000

List Price

48

bed Beds

48

shower Baths

29,020 sqft

straighten / sqft

1955

calendar_month Built

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 Information

List Price $9,990,000
Status Active
MLS 24407923
Type Residential Income
Year Built 1955
Lot Size 27,186
Structure Size 29,020
DOM 53
Courtesy Of Masters Realty & Investment
Listing Agent Peter Yoo DRE#01449891

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms 48
Total Bathroom
Bathrooms 48
Flooring Information
Material Carpet, Wood
Fireplace Information
Features None
Additional Information
Additional Features Ceiling Fan(s)

Exterior Information

Other Structures
Features None

Maps

Listing information courtesy of: Peter Yoo, Masters Realty & Investment . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:38 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.