215 W 7th Street 310, Los Angeles, California 90014, Los Angeles, 90014 - 1 bed, 1 bath
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215 W 7th Street 310
Los Angeles, California 90014
ACTIVE
CONDITION: GOOD
1Beds
1Baths
475Sq Ft
475Lot Size
Property Price
LIST PRICE$270,000
EST. MARKET VALUE
$232,144
16% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $270,000—positioned well above the $232,144 Fair Market Value by -16%. Located in a historic 1911 building, this unit features a Good Condition Rating with modern concrete floors and stainless steel appliances. While the mandatory four-unit purchase requirement limits the buyer pool, it offers a strategic path for portfolio scaling in the Historic Core. This asset is best suited for Buy-and-Hold Investors or Institutional Investors seeking immediate rental density.
Estimated Market Value
$232,144
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 215 W 7th Street 310 Subject 1 bd · 1 ba · 475 sqft · $489 | $270,000* List Price | 1 | 1 | 475 | $489 | - |
A 746 S Los Angeles Street 607 Sold 1 bd · 1 ba · 650 sqft · $485 · 0.2 mi | $315,000 | 1 | 1 | 650 | $485 | 0.2 mi |
B 215 W 7th Street 409 Active 0 bd · 1 ba · 460 sqft · $630 | $290,000 List Price | 0 | 1 | 460 | $630 | - |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Located in a historic 1911 building with a modern loft conversion (approx. 20 years old). Features durable concrete floors and stainless steel appliances. The unit appears well-maintained, functional, and move-in ready, fitting the 15-20 year renovation window for a 'Good' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Historic Core Location
Situated in the heart of Downtown LA near the Jewelry District and Orpheum Theatre, this property offers high walkability and immediate access to premier cultural and athletic amenities.
- Modern Industrial Aesthetic
The unit features trendy concrete floors and stainless steel appliances, providing a low-maintenance and contemporary 'loft-style' appeal that is highly sought after in the urban market.
- Portfolio Expansion Opportunity
The availability of multiple units within the same building allows an investor to instantly scale their real estate portfolio in a high-demand rental submarket.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =475, other record lot size in square feet = 15922. Living area discrepancy between mls listing and other public or private record. mls listing living area = 475, other record living area = 430.
- Restrictive Purchase Requirement
The mandate that a buyer must purchase a minimum of four units significantly limits the buyer pool to institutional or high-net-worth investors, excluding traditional individual homeowners.
- Limited Square Footage
With only 475 square feet of living space, the unit is exceptionally compact, which may limit its appeal to long-term tenants or those requiring more functional storage and living areas.
About 215 W 7th Street 310
Condo unit for sale in the heart of the Historic Core located near the Downtown's Jewelry District, the LA Athletic Club, and the Orpheum Theatre with concrete floors and stainless steel appliances. PLEASE NOTE: BUYER MUST PURCHASE A MINIMUM OF 4 UNITS. UNITS 301, 409, 411, 911 AND 1207 ARE AVAILABLE.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1911
- Lot Size
- 475 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 475 | 1,252.996 |
| Lot Size | 475 | 26,029.603 |
| Price | $270.0K | $778.5K |
| Price per sq ft | $568 | $629 |
| Built year | 1911 | 1981 |
| HOA | $0 | $676 |
| Days on market | 5 | 74 |
Pricing History
Listed for Sale
Nov 4, 2026
$270,000
Initial Listing
Sold
Jul 19, 2011
$106,000
Public Record
Sold
Aug 25, 2010
$85,000
Public Record