Skip To Content

    2700 W 7Th Street

    Los Angeles (City), CA 90057
    • $5,600,000
    • STATUS: Active
    • ON SITE: 29 days
    • MLS #: 21776392
    $5,600,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    We are pleased to present a mixed use development opportunity located in the quickly gentrifying MacArthur park area bordering Koreatown. The project is located in a Qualified Opportunity Zone with Potential Tax Benefits (consult with accountant). The project consists of 58 units, including 55 Residential units and an additional 3,038 sq. ft. (3 Units) of ground floor retail on 7th St. This excellent unit mix for the 55 residential units consists of 25: 2 Bed + 2 Bath, 20: 1 Bed + 1 Bath and 10 Single + 1 Bath units. The property is located on a corner lot with almost 150 feet of frontage on W 7th St., just one block south of Wilshire Blvd, representing the prime location for the neighborhood. The building features amenities including a Gym, Rooftop Open Space and a Leasing Office. The property boasts a walk score of 96 and is in close proximity to Downtown Los Angeles, Southwestern Law school, and many offices and entertainment spaces. Project can be delivered RTI and the seller will consider JV partnerships: please discuss further with listing agent.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-23T00:28:01.247. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
    www.carlilerealty.com/homes/120781638
    Print Image

    2700 W 7Th Street Los Angeles (City), CA 90057

    • Price: $5,600,000
    • Status: Active
    • MLS #: 21776392
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    We are pleased to present a mixed use development opportunity located in the quickly gentrifying MacArthur park area bordering Koreatown. The project is located in a Qualified Opportunity Zone with Potential Tax Benefits (consult with accountant). The project consists of 58 units, including 55 Residential units and an additional 3,038 sq. ft. (3 Units) of ground floor retail on 7th St. This excellent unit mix for the 55 residential units consists of 25: 2 Bed + 2 Bath, 20: 1 Bed + 1 Bath and 10 Single + 1 Bath units. The property is located on a corner lot with almost 150 feet of frontage on W 7th St., just one block south of Wilshire Blvd, representing the prime location for the neighborhood. The building features amenities including a Gym, Rooftop Open Space and a Leasing Office. The property boasts a walk score of 96 and is in close proximity to Downtown Los Angeles, Southwestern Law school, and many offices and entertainment spaces. Project can be delivered RTI and the seller will consider JV partnerships: please discuss further with listing agent.
    Exterior Features

    View City Lights View YN Yes Waterfront Features Lake

    Property Features

    Additional Parcels YN Yes Listing Agreement Seller Reserved Listing Service Full Service Senior Community YN No Special Listing Conditions Standard Zoning C2-2

    Listing provided courtesy of Jon Emrani of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-23T00:28:01.247. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367148192-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367148192-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367148192-1.jpg
    Logo
    ERA CARLILE Realty Group
    1860 Howe Avenue, Suite 100
    Sacramento CA, 95825