
2633 7th Ave Los Angeles, CA 90018
Jefferson Park NeighborhoodEstimated payment $7,345/month
About This Home
Don't miss this rare opportunity to own a large 4-unit apartment building in the heart of the West Adams District. This 4-unit property delivers immediate income with significant value-add opportunities. This property has four large spacious 2-bedroom, 1-bathroom units, three of the units even have formal dining rooms.
This property is in one of the most accessible and central areas of Los Angeles, minutes from USC and Downtown LA. This is a fantastic income-producing asset in a thriving neighborhood rich in culture, history, and rapid development. Whether you're a seasoned investor seeking stable returns with upside potential or a newcomer ready to enter the multifamily market, this quadruplex checks all the boxes.
Listing Agent
Beautiful Homes Real Estate Brokerage Phone: 310-760-1642 License #01756009 Listed on: 07/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,372
Year Built
- Built in 1947
Lot Details
- 7,002 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Open Parking Spaces
- 4 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 4,206 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 14302
- Assessor Parcel Number 5051002018
- $656 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 3 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,100
- Maintenance Expense $2,900
- Water Sewer Expense $2,800
- Operating Expense $9,200
- Gross Income $79,500
- Net Operating Income $64,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $8,372 | $650,458 | $442,921 | $207,537 |
2023 | $8,221 | $637,705 | $434,237 | $203,468 |
2022 | $7,858 | $625,202 | $425,723 | $199,479 |
2021 | $7,739 | $612,944 | $417,376 | $195,568 |
2020 | $7,809 | $606,660 | $413,097 | $193,563 |
2019 | $7,515 | $594,766 | $404,998 | $189,768 |
2018 | $7,372 | $583,105 | $397,057 | $186,048 |
2016 | $7,015 | $560,464 | $381,640 | $178,824 |
2015 | $6,915 | $552,046 | $375,908 | $176,138 |
2014 | $6,962 | $541,233 | $368,545 | $172,688 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/17/2025 07/17/25 | For Sale | $1,200,000 | -- | $285 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $514,000 | Landsafe Title | |
Trustee Deed | $742,457 | Landsafe Title | |
Grant Deed | $930,000 | Commonwealth Land Title Co | |
Grant Deed | -- | None Available | |
Grant Deed | $825,000 | Provident Title Company | |
Interfamily Deed Transfer | -- | -- | |
Gift Deed | -- | -- | |
Interfamily Deed Transfer | -- | -- | |
Grant Deed | $225,000 | -- | |
Gift Deed | -- | Provident Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $140,243 | Stand Alone Second | |
Previous Owner | $496,845 | FHA | |
Previous Owner | $139,500 | Credit Line Revolving | |
Previous Owner | $697,500 | Negative Amortization | |
Previous Owner | $100,000 | Unknown | |
Previous Owner | $150,000 | Unknown | |
Previous Owner | $75,000 | Unknown | |
Previous Owner | $742,500 | Purchase Money Mortgage | |
Previous Owner | $268,000 | Unknown | |
Previous Owner | $193,000 | Unknown | |
Previous Owner | $45,000 | Unknown | |
Previous Owner | $180,000 | No Value Available | |
Previous Owner | $20,000 | Purchase Money Mortgage |
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25157650

APN: 5051-002-018
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