215 W 7th Street 911, Los Angeles, California 90014, Los Angeles, 90014 - 1 bed, 1 bath
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215 W 7th Street 911
Los Angeles, California 90014
ACTIVE
CONDITION: GOOD
1Beds
1Baths
680Sq Ft
680Lot Size
Property Price
LIST PRICE$350,000
EST. MARKET VALUE
$307,939
13% AboveMARKET VALUE
SUMMARY
This property represents a High-Potential Investment Opportunity, listed at $350,000—positioned above the $307,939 Fair Market Value. While the unit features a Condition Rating of 3 with modern concrete floors and stainless steel appliances, the mandatory minimum purchase of 4 units creates a unique barrier to entry. Located in the Historic Core, this asset offers a City Lights view and prime walkability. This is a specialized acquisition ideal for Buy-and-Hold Investors or Commercial Portfolio Managers seeking to scale their downtown footprint.
Estimated Market Value
$307,939
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 911 Subject 1 bd · 1 ba · 680 sqft · $453 | $350,000* List Price | 1 | 1 | 680 | $453 | - |
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 602 Sold 1 bd · 1 ba · 780 sqft · $365 | $285,000 | 1 | 1 | 780 | $365 | - |
C 215 W 7th Street 307 Sold 0 bd · 1 ba · 750 sqft · $399 | $299,000 | 0 | 1 | 750 | $399 | - |
D 746 S Los Angeles Street 1001 Sold 0 bd · 1 ba · 872 sqft · $510 · 0.2 mi | $445,000 | 0 | 1 | 872 | $510 | 0.2 mi |
E 315 E 8th Street 505 Active Under Contract 1 bd · 1 ba · 670 sqft · $596 · 0.3 mi | $399,000 List Price | 1 | 1 | 670 | $596 | 0.3 mi |
* 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, this unit is part of a loft conversion approximately 20 years old. The presence of stainless steel appliances and concrete floors indicates a well-maintained, functional, and move-in ready space that fits within the 10-20 year maintenance cycle.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Historic Location
Situated in the heart of the Historic Core near the Jewelry District and Orpheum Theatre, the property offers exceptional walkability and access to Downtown LA's cultural landmarks.
- Modern Industrial Aesthetic
The unit features a desirable industrial look with concrete floors and stainless steel appliances, blending 1911 historic charm with contemporary interior finishes.
- Urban City Views
The property includes a 'City Lights' view, providing a premium urban atmosphere that enhances the unit's appeal and marketability within a dense metropolitan area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =680, other record lot size in square feet = 15922.
- Restrictive Purchase Requirement
The listing mandates a minimum purchase of four units, which serves as a significant barrier to entry for individual homeowners and limits the buyer pool to specialized investors.
- Century-Old Infrastructure
Built in 1911, the building may require higher maintenance costs or face limitations associated with aging plumbing, electrical, and structural systems compared to modern developments.
About 215 W 7th Street 911
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, 310, 409, 411 AND 1207 ARE AVAILABLE.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1911
- Lot Size
- 680 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 | 680 | 1,252.996 |
| Lot Size | 680 | 26,029.603 |
| Price | $350.0K | $778.5K |
| Price per sq ft | $515 | $629 |
| Built year | 1911 | 1981 |
| HOA | $0 | $676 |
| Days on market | 5 | 74 |
Pricing History
Listed for Sale
Nov 4, 2026
$350,000
Initial Listing
Sold
Aug 16, 2011
$130,000
Public Record
Sold
Jun 6, 2005
$395,000
Public Record
Sold
Mar 22, 2005
$315,000
Public Record