Skip To Content
    Return to Previous Page

    2700 W 7TH Street

    Los Angeles (City), CA 90057
    • $4,950,000
    • STATUS: Active
    • ON SITE: 118 days
    • ID#: 20610504
    UPDATED: 30 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.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T00:27:16.6. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.

    www.tolivebythesea.com/homes/108314701
    Print Image

    2700 W 7TH Street Los Angeles (City), CA 90057

    • Price: $4,950,000
    • Status: Active
    • Updated: 30 min ago
    • ID#: 20610504
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - 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 Size Dimensions 150X85 Lot Size Source Assessor Lot Size Units Square Feet

    Property Features

    Additional Parcels YN Yes Lot Dimensions Source Assessor Special Listing Conditions Standard Zoning C2-2

    Listing provided courtesy of Jon Emrani of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T00:27:16.6. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.

     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364614553-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364614553-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364614553-1.jpg
    Logo
    Beach City Brokers | BCB Premier Estates | The Miller Group
    1716 South Catalina Avenue
    Redondo Beach CA, 90277