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    611 E 7th St Los Angeles, CA 90021

    Sponsored
    Source: https://www.majorproperties.com
    For Sale
    $7,250,000

    DTLA Development Site: 7th & San Pedro Corner

    Property size:
    35,816 SF

    Description

    Added:
    Apr 29, 2025
    Days on Market:
    258
    • Price reduced! Seller motivated!
    • Prime DTLA develo0pment site
    • Easy access to all Downtown Los Angeles freeways
    • Adjacent to DTLA Fashion District and Arts District
    • Close to Crypto.com Arena, LA LIVE and Convention Center
    • Numerous housing, businesses & retailers in the immediate area
    • Rapidly developing neighborhood
    • Tremendous upside potential
    • APN 5147-026-001,004,032
    • Frontage: 203.85′ on 7th St & 204.5′ on San Pedro St
    • Located at the NE corner of 7th Street and San Pedro Street with frontage on three streets

    Property Features for 611 E 7th St

    General Information

    Property type
    Industrial land
    Square Feet
    35,816 SF
    Price / Square Foot
    $202
    Elevators
    N/A
    Lot Size
    45,881 SF
    Location Intelligence

    Current Use by Public Records

    Peng's Craft, Inc. Craft Store Zankou Chicken Mediterranean Restaurant

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Food Market Daycare Center Grocery Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    State
    California
    Longitude
    -117.7227539
    Latitude
    34.0539502

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    FAQs

    What type of property is this?
    Industrial land - DTLA Development Site: 7th & San Pedro Corner
    Where is this industrial land located?
    The property is located at 611 E 7th St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $7,250,000.
    (213) 446-2286
    Request Owner's contact information
    611 E 7th St Los Angeles, CA 90021
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    Los Angeles, CA 90021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    611 E 7th St Los Angeles, CA 90021
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