$1,875,000
Est. payment /mo
5,873 SqFt
Pending
7028 Alvern Street Los Angeles, CA 90045
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Key Details
Property Type COMM RI MULTI-UNITS 5
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 5,873 sqft
Price per Sqft $319
MLS Listing ID CL25623635
HOA Y/N No
Year Built 1954
Lot Size 7,986 Sqft
Acres 0.18
Property Sub-Type Other
Property Description
We are pleased to present 7028 Alvern Street, a well-maintained seven-unit multifamily investment property ideally located in Westchester, one of Los Angeles' most desirable rental submarkets. This two-story building offers 5,873 SF of living area on a 7,984 SF LAR3-zoned lot and features an attractive unit mix of two (2) two-bedroom/one-bath units and five (5) one-bedroom/one-bath units. One unit will be delivered vacant at the close of escrow, providing immediate rental upside. All units are separately metered for gas and electricity. The property has been diligently maintained and upgraded with copper plumbing, updated electrical systems, a recently replaced roof, and a completed soft-story retrofit. These improvements allow a new owner to focus on capturing the significant rental upside in a high-demand area. Prime Location: Situated just south of Centinela Avenue and west of La Cienega Boulevard, 7028 Alvern Street offers tenants convenient access to major freeways, retail centers, and lifestyle amenities, including Westfield Culver City, local restaurants, LAX, SoFi Stadium, and the upcoming Intuit Dome. This is an outstanding value-add investment in a thriving rental market with strong demand and excellent long-term growth potential.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Building
New Construction No
Others
Tax ID 4103007020

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Listed by Dionya Jackson • Equity Union
NEARBY SCHOOL & BUSINESS
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