Skip To Content

2700 W 7TH St

Los Angeles, CA 90057
  • $5,600,000
  • STATUS: Active
  • ON SITE: 111 Days
  • ID#: 22-121793
UPDATED: 0 min ago
$5,600,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Pleased to present a mixed use development opportunity located in the quickly gentrifying MacArthur park area bordering Koreatown. The project islocated in an Qualified Opportunity Zone with Potential Tax Benefits (consult with accountant). The project consists of 58 units including 55 Residential units and anadditional 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 10Single + 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 primelocation 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 isin close proximity to Downtown Los Angeles, Southwestern Law school and many places of employment and entertainment. This project is currently going thoroughentitlements and will be delivered with Ready to Issue Permits (RTI).

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-18T08:42:50.077. 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.bringingyouhomescv.com/homes/125077315
Print Image

2700 W 7TH St Los Angeles, CA 90057

  • Price: $5,600,000
  • Status: Active
  • On Site: 111 Days
  • Updated: 0 min ago
  • ID#: 22-121793
0
Beds
0
Baths
0
½ Baths
0.3
Acres
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
Pleased to present a mixed use development opportunity located in the quickly gentrifying MacArthur park area bordering Koreatown. The project islocated in an Qualified Opportunity Zone with Potential Tax Benefits (consult with accountant). The project consists of 58 units including 55 Residential units and anadditional 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 10Single + 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 primelocation 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 isin close proximity to Downtown Los Angeles, Southwestern Law school and many places of employment and entertainment. This project is currently going thoroughentitlements and will be delivered with Ready to Issue Permits (RTI).
Exterior Features

Lot Size Area 12750 Road Frontage 150 Feet View Description City View YN Yes Water Frontage None

Property Features

Cable YN Yes Sale Type Standard Source Lot Size Area Other Source Lot Size Dimensions Other 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 2022-05-18T08:42:50.077. 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.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-121793-3.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-121793-3.jpg
Logo
Montemayor & Associates | RE/MAX of Santa Clarita
25129 The Old Road, Suite 114
Stevenson Ranch CA, 91381