Log In/Sign Up
Your email has been sent.
3052 W 7th St 6 Unit Apartment Building $2,100,000 ($350,000/Unit) 5.64% Cap Rate Los Angeles, CA 90005
Investment Highlights
- 4-unit apartment building (built 1954) – 2,720 sq ft; 4-bedroom house (built 1908) – 2,274 sq ft; grocery store in front (built 1920) – 1,520 sq ft.
Executive Summary
Mixed-use property featuring multiple structures on one lot with both residential and commercial potential.
Apartment Building
4-unit apartment building
Built in 1954
Approx. 2,720 sq ft
Single-Family Residence
4-bedroom house
Built in 1908
Approx. 2,274 sq ft
Retail / Storefront
Grocery store located at the front of the property
Built in 1920
Approx. 1,520 sq ft
Total Building Area: Approximately 6,514 sq ft across all structures.
Property offers a combination of residential and commercial space, presenting strong income potential and flexibility for investors or owner-users.
Apartment Building
4-unit apartment building
Built in 1954
Approx. 2,720 sq ft
Single-Family Residence
4-bedroom house
Built in 1908
Approx. 2,274 sq ft
Retail / Storefront
Grocery store located at the front of the property
Built in 1920
Approx. 1,520 sq ft
Total Building Area: Approximately 6,514 sq ft across all structures.
Property offers a combination of residential and commercial space, presenting strong income potential and flexibility for investors or owner-users.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,100,000 | Building Class | C |
| Price Per Unit | $350,000 | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 6,514 SF |
| Cap Rate | 5.64% | Average Occupancy | 90% |
| Gross Rent Multiplier | 13 | No. Stories | 2 |
| No. Units | 6 | Year Built | 1908 |
| Property Type | Multifamily | Parking Ratio | 0.46/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | LAC2 - LAC2 – Limited Commercial zoning allowing mixed-use residential and neighborhood commercial uses. | ||
| Price | $2,100,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| Cap Rate | 5.64% |
| Gross Rent Multiplier | 13 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 6,514 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1908 |
| Parking Ratio | 0.46/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LAC2 - LAC2 – Limited Commercial zoning allowing mixed-use residential and neighborhood commercial uses. |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,650 | 650 |
| 4+2 | 1 | $3,500 | 2,274 |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (80)
Bike Score®
Very Bikeable (70)
Property Taxes
| Parcel Number | 5077-017-007 | Improvements Assessment | $43,403 |
| Land Assessment | $195,661 | Total Assessment | $239,064 |
Property Taxes
Parcel Number
5077-017-007
Land Assessment
$195,661
Improvements Assessment
$43,403
Total Assessment
$239,064
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Michael Hemphill
3052 W 7th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.