2633 7th Avenue Avenue, Los Angeles, California 90018, Los Angeles, 90018 - bed, bath
ACTIVE$1,100,000
2633 7th Avenue Avenue, Los Angeles, California 90018
0Bed
0Bath
4,206Sqft
7,002Lot
Year Built
1947
Close
-
List price
$1.1M
Original List price
$1.2M
Price/Sqft
$262
HOA
-
Days on market
-
Sold On
-
MLS number
DW25157650
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.10M(62th), sqft - 4206(85th), beds - undefined(50th), baths - undefined(50th).
Don't miss this rare opportunity to own a large 4-unit, 2 bedrooms each, apartment building in the West Adams District. This property has four large spacious 2-bedroom, 1-bathroom units, three of the units even have formal dining rooms. This 4-unit property delivers immediate income with significant value-add opportunities. This property is in one of the most accessible and central areas of Los Angeles, minutes from USC, the Olympic Coliseum, Exposition Park, West LA and Downtown LA. This is a fantastic income-producing asset in a thriving neighborhood rich in culture, history, and rapid development. Whether you're a seasoned investor seeking stable returns with upside potential or a newcomer ready to enter the multifamily market, this fourplex checks all the boxes.
Nearby schools
3/10
Sixth Avenue Elementary School
Public,•K-5•0.4mi
3/10
Arlington Heights Elementary School
Public,•K-5•0.7mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•0.8mi
5/10
Virginia Road Elementary School
Public,•K-5•0.9mi
4/10
Birdielee V. Bright Elementary School
Public,•K-5•1.0mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•1.1mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•0.8mi
2/10
Audubon Middle School
Public,•6-8•1.5mi
5/10
Foshay Learning Center
Public,•K-12•1.3mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•1.4mi
4/10
Los Angeles Senior High School
Public,•9-12•1.8mi
4/10
West Adams Preparatory High School
Public,•9-12•2.1mi
Price History
Date
Event
Price
10/02/25
Price Change
$1,100,000+10.6%
09/16/25
Price Change
$995,000-2.9%
09/11/25
Price Change
$1,025,000-2.4%
09/02/25
Price Change
$1,050,000-3.6%
08/26/25
Price Change
$1,089,000+1.3%
08/12/25
Price Change
$1,075,000-4.4%
08/05/25
$1,125,000
07/17/25
$1,200,000
07/17/09
Sold
$514,000
06/07/06
Sold
$930,000
08/30/05
Sold
$825,000
05/13/97
Sold
$225,000
Condition Rating
Poor
Built in 1947, this property shows significant age and a clear need for substantial rehabilitation. The exterior images reveal dated stucco, older windows, and general wear consistent with a building of this vintage that has not undergone recent major renovations. The listing explicitly states 'significant value-add opportunities' and 'Required Upgrades for Maximized Value,' with the property analysis noting 'potential for deferred maintenance' and the need for 'significant capital expenditures for system updates, structural repairs, or general modernization.' While it is an income-producing asset, implying it's currently habitable, the absence of interior photos, combined with the strong emphasis on required upgrades, indicates that the kitchens, bathrooms, and other interior components are likely very outdated and in poor condition, necessitating extensive renovation to meet modern standards or even basic comfort. This property requires substantial repairs and rehabilitation beyond minor updates.
Pros & Cons
Pros
Income-Producing Quadruplex: This property is a 4-unit apartment building, providing immediate and stable income generation, making it an attractive asset for investors.
Prime Central Los Angeles Location: Situated in the West Adams District, minutes from USC, Olympic Coliseum, Exposition Park, West LA, and Downtown LA, ensuring high rental demand and potential for appreciation.
Significant Value-Add Potential: The description explicitly highlights 'significant value-add opportunities,' appealing to investors looking to enhance returns through renovations or operational improvements.
Spacious Units: Each of the four units features large, spacious 2-bedroom, 1-bathroom layouts, with three units including formal dining rooms, enhancing tenant appeal and rental value.
Thriving Neighborhood: Located in a thriving neighborhood rich in culture, history, and rapid development, suggesting strong market fundamentals and future growth prospects.
Cons
Age of Property & Potential for Deferred Maintenance: Built in 1947, the property is older, which may imply a need for significant capital expenditures for system updates, structural repairs, or general modernization.
Volatile Listing Price History: The property has undergone multiple price adjustments, including significant drops and increases, which could indicate market resistance, difficulty in valuation, or a seller eager to sell.
Required Upgrades for Maximized Value: While offering 'value-add opportunities,' this implies the property is not turn-key and will require additional investment post-purchase to realize its full income potential and compete with newer developments.