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    2700 W 7TH St

    Los Angeles, CA 90057
    • $4,950,000
    • STATUS: Active
    • ON SITE: 85 days
    • ID#: 20-610504
    UPDATED: 18 min ago
    $4,950,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    We are pleased to present a mixed use development opportunity located in the quickly gentrifying MacArthur park area bordering Koreatown. The project is located in an Qualified Opportunity Zone with Potential Tax Benefits (consult with accountant). The project consists of 58 units including 55 Residential units and an additional 3,038 sq. ft. (3 Units) of ground floor retail on 7th St. The excellent unit mix for the 55 residential units consists of 25: 2 Bed + 2 Bath, 20: 1 Bed + 1 Bath and 10 Single + 1 Bath units. The property is located on a corner lot with almost 150 feet of frontage on W 7th St. located one block south of Wilshire Blvd. representing the prime location for the neighborhood. The project includes amenities including a Gym, Rooftop Open Space and a Leasing Office. The property boasts a walk score of 96 and is in close proximity to Downtown Los Angeles, Southwestern Law school and many places of employment and entertainment.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-21T23:42:33.417. 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.
    www.alwaysyourrealtor.com/homes/108315630
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    2700 W 7TH St Los Angeles, CA 90057

    • Price: $4,950,000
    • Status: Active
    • Updated: 18 min ago
    • ID#: 20-610504
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    We are pleased to present a mixed use development opportunity located in the quickly gentrifying MacArthur park area bordering Koreatown. The project is located in an Qualified Opportunity Zone with Potential Tax Benefits (consult with accountant). The project consists of 58 units including 55 Residential units and an additional 3,038 sq. ft. (3 Units) of ground floor retail on 7th St. The excellent unit mix for the 55 residential units consists of 25: 2 Bed + 2 Bath, 20: 1 Bed + 1 Bath and 10 Single + 1 Bath units. The property is located on a corner lot with almost 150 feet of frontage on W 7th St. located one block south of Wilshire Blvd. representing the prime location for the neighborhood. The project includes amenities including a Gym, Rooftop Open Space and a Leasing Office. The property boasts a walk score of 96 and is in close proximity to Downtown Los Angeles, Southwestern Law school and many places of employment and entertainment.
    Exterior Features

    Lot Description 2-4 Lots Lot Location Corner Lot Lot Size Area 12749 View Description Other View YN Yes

    Property Features

    Cable YN Yes Electric In Street Gas In Street Hoa Fee1 0.00 Sale Type Standard Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Zoning C2-2

    Listing provided courtesy of Jon Emrani DRE#01427038 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-21T23:42:33.417. 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.
     
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    HomeBased Realty
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    Acton CA, 93510