About 2700 E 7th Street
Incredible investment opportunity in Boyle Heights, just minutes from Downtown LA and the Arts District. This 4-unit multifamily property sits on a corner lot and features four 1-bedroom, 1-bath units, each with its own address: 2700 & 2702 E 7th St and 1002 & 1004 Orme Ave. All units are currently tenant-occupied, rent controlled (RSO), and rented significantly below market, offering strong upside potential for the savvy investor. The property is low-maintenance with a gated entry for added tenant privacy. Low maintenance! Tenants cover their own utilities with the exception of water for the two units on 7th St, which are on a shared meter. The layout is ideal for passive income, and the location offers high rental demand due to its centrality, making this a perfect buy-and-hold or 1031 exchange opportunity. Dont miss your chance to own a property with tremendous long-term potential!
Features of 2700 E 7th Street
| MLS® # | PW25082755 |
|---|---|
| Price | $650,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Acres | 0.10 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Closed |
Community Information
| Address | 2700 E 7th Street |
|---|---|
| Area | LOS ANGELES (90023) |
| City | Los Angeles |
| County | Los Angeles |
| State | CA |
| Zip Code | 90023 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | N/K |
Interior
| Fireplace | Yes |
|---|
Exterior
| Lot Description | Corner Lot,Curbs,Sidewalks |
|---|
Additional Information
| Date Listed | March 24th, 2025 |
|---|---|
| Days on Market | 99 |
| Zoning | Seller |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Erik Michael Ransdell, Broker |
|---|