Available

3414 7th Ave

Los Angeles, CA 90018
$700,000
3414 7th Ave
2
Units
$350,000
Price / Unit
1925
Year Built
$497
Price / SF
1,408
Building SF

About the Property

This well-kept side-by-side duplex presents a strong opportunity for an owner-user or investor to acquire a stabilized, updated asset in a convenient South Los Angeles location just below Jefferson Blvd. Built in 1925, the property consists of two spacious two-bedroom, one-bath units generating $1,810.33 and $1,740.69 per month, providing stable in-place income with nearly 50% upside in rents. The interiors have been updated, the property is fully gated, and each unit is separately metered for gas and electricity, with water master metered. The lot benefits from alley access along the north side and rear of the property, improving ingress and egress to the rear parking area, which can accommodate approximately eight vehicles. With its generous parking, gated layout, and potential to add ADUs under SB1211, the property offers multiple paths for future value creation while also qualifying as an attractive owner-user opportunity with available financing options.

Location

Deal Highlights

Owner-User Opportunity
Side-by-side two-bedroom units provide fl exibility for an owner-user to occupy one unit while collecting income from the other.
ADU Potential
The lot confi guration, rear parking area, and alley access make the property a strong candidate for future ADU development under SB1211. A buyer may be able to create additional units, increase income, and enhance overall property value through a strategic ADU plan
Excellent Parking
The rear of the property offers parking for approximately eight vehicles, a rare and valuable feature for a duplex property in this location. The parking area also supports the property’s ADU potential by providing fl exibility for future site planning and tenant convenience.
Great Location
The property is located just south of Jefferson Blvd, placing it near local shops, restaurants, and everyday neighborhood amenities. This convenient location provides tenants with easy access to nearby commercial corridors while still offering a residential setting just off the main boulevard.

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