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$Price Reduced!
Est. $6,209/mo

1638 7th Ave, Los Angeles, CA 90019

2-Story Multi-Family Home In Arlington Heights
7 Beds5 Baths3,726 Sqft
Listed by Daniel Han

Price Reduced! Multi-family investment property located in Mid City area minutes from Korea Town, Downtown, and Hancock Park. This building's plumbing was redone with copper a few years back. Windows repaired recently. Assessor records show front building at 2,951 sqft and rear building 775 sqft. This is a rent controlled area. Great value add opportunity (rents are low for the area). Renovate and obtain higher rents. Great potential for rental property!

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Home Details
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  • Days on 96
  • Beds: 7
  • Baths: 5
  • Property type: Multi Family
  • Exterior finish: --
  • Year built: 1919
  • Lot size: 0.13
  • Fireplace: no
  • Neighborhood: Arlington Heights
  • Cooling: None
  • Appliances: Microwave, Refrigerator
  • Heating: Wall Gas
  • Heating Source: Wall Gas
  • Zoning: Lard2
  • Owner Pays: Water
  • Special Conditions: Standard Sale
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MLS Number19451284
Listing SourceCombined LA Westside - CLAW
Last Updated07/05/2019
Offered ByLandpac Properties
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Mortgage Info


Principal & Interest$4,724.03
Down Payment: Amount you plan to pay up-front on the purchase price of the property. A 20% down payment is the desired amount by most lenders, but you may pay less.
Interest Rate: The percentage rate a lender is charging on the amount of money you have borrowed for your home purchase.
Property Tax: The annual tax you pay on your property as a percentage of the total property value. This value defaults to a national average of 1.2% of the home price.
Homeowner Insurance: How much do you anticipate spending a month on homeowners insurance?
Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI). Learn More.
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