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    1735 7Th St Los Angeles, CA 90057

    For Sale
    $4,300,000

    32-unit mixed-use building in Pico Union neighborhood.

    Lot size:
    0.52 Acres

    Property Features for 1735 7Th St

    General Information

    Lot size
    0.52 Acres

    Building Details

    Year built
    1913

    Source: Lyon Stahl Investment Real Estate, Inc. Agent Cameron Samimi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pico Union Mixed-Use Building

    Located in the Pico Union neighborhood, this mixed-use building at 1735 7th St and 694 S Burlington Ave comprises 32 units within a 30,319 sqft building. The property includes 26 apartment units and 6 retail spaces, consisting of 13 one-bedroom, one-bath units and 13 studio apartments with one bath. Currently, two studio units are vacant, presenting an opportunity for increased rental income. The building is individually metered for gas and electricity. Situated minutes from Downtown Los Angeles, the location provides convenient access to the 10 and 110 freeways. The proximity to various shops, restaurants, and amenities enhances its appeal for renters. The property is operating at a 6.68% CAP and 8.30 GRM, with an opportunity for over 51% upside once stabilized.
    Location Intelligence

    Current Use by Public Records

    Hil 36 Pharmacy Nuevo Mundo Grocery Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2349736
    Latitude
    34.0348746

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    FAQs

    What type of property is this?
    Mixed-use property - 32-unit mixed-use building in Pico Union neighborhood.
    Where is this mixed-use property located?
    The property is located at 1735 7Th St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $4,300,000.
    What are key features of this property?
    This property features: - 32-unit mixed-use building in Pico Union.; - Significant upside potential (51%) upon stabilization.; - Attractive CAP rate of 6.68% and GRM of 8.30.
    (310) 425-9838
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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
    1735 7Th St Los Angeles, CA 90057
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