John E Burge

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3414 7th AvenueLos Angeles, CA 90018

Multi-Family · 4 Beds · 1,408 Sq. ft. | 0.13 Acres
$700,000 Active

3414 7th Avenue Overview

Time on Site:
19 days
Visits:
0

This well-kept side-by-side duplex presents a strong opportunity for an owner-user or investor to acquire a stabilized, updated asset in a convenient Los Angeles location just below Jefferson Blvd. Built in 1925, the property consists of two spacious two-bedroom, one-bath units generating $1,810.33 and $1,740.69 per month, providing stable in-place income with nearly 50% upside in rents. The interiors have been updated, the property is fully gated, and each unit is separately metered for gas and electricity, with water master metered. The lot benefits from alley access along the north side and rear of the property, improving ingress and egress to the rear parking area, which can accommodate approximately eight vehicles. With its generous parking, gated layout, and potential to add ADUs under SB1211, the property offers multiple paths for future value creation while also qualifying as an attractive owner-user opportunity with available financing options.

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3414 7th Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,408
  • Price/Sq.ft. $497
  • Lot 0.13 Acres

Details

General

Association/HOA

  • Association: No

Income/Expenses

  • Gross Income: 42612.0
  • Net Operating Income: 25068.0

Building Information

  • New Construction: No
  • Year Built: 1925

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: PHHT - Park Hills Heights
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Gated

Rent/Lease Information

  • Tenant Pays: Electricity,Gas

General Information

  • Parcel Number: 5044025007
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: LAR1

Interior

Beds/Baths

  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 4

Building Interior

  • Building Area Total: 1408.0

General Information

  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: Ground Level w/steps
  • Fireplace Features: None
  • Fireplace: No
  • Levels: One
  • Living Area: 1408.0
  • Security Features: Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)
  • Spa Features: None
  • Spa: No
  • Stories: 1
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking Spaces: 6.0
  • Parking Features: Uncovered
  • Parking Total: 6.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Rectangular Lot,Yard
  • Lot Size Acres: 0.1333
  • Lot Size Area: 5808.0
  • Lot Size Square Feet: 5808.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Spanish
    • Construction Materials: Stucco
    • Direction Faces: West
    • Patio And Porch Features: None
    • Property Attached: Yes

    General Information

    • Number Of Units Total: 2
    • Other Structures: Shed(s)
    • Pool Features: None
    • Pool Private: No

    3414 7th Avenue Neighborhood

    Community

    90018 (Los Angeles) Demographics

    34
    Median Age
    18,110
    Population Density (per sq. mile)
    28%
    College Educated
    $49,644
    Estimated Median Income
    5,106
    Estimated Total Home Owners
    11,528
    Estimated Total Renters
    31% / 69%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    3414 7th Avenue Monthly Cost

    $
    $ %
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    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    3414 7th Avenue Market Data

    Based on the last 30 days in this zip code

    $1,122,559
    Average List Price
    $592
    Average Price per Square Foot
    14
    Properties Sold
    82
    Average Days on Market
    172
    Properties for Sale
    Calculations provided by Reliance Network

    3414 7th Avenue History

    Date Event Value Agent
    6/26/2026Source: TheMLS (CLAW) Status Change
    Pending
    6/10/2026Source: CRMLS Added to Database
    June 10, 2026
    6/10/2026Source: TheMLS (CLAW) Added to Database
    June 10, 2026
    Listing provided courtesy of Lyon Stahl Investment Real Estate, Inc.William James- MLS# 26844807MLS ProviderContact Information: 310-425-9838
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