2633 7th Avenue Avenue, Los Angeles, California 90018, Los Angeles, 90018 - 0 bed, 0 bath
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2633 7th Avenue Avenue
Los Angeles, California 90018
ACTIVE
CONDITION: FAIR
0Beds
0Baths
4,206Sq Ft
7,002Lot Size
Property Price
LIST PRICE$1,190,000
EST. MARKET VALUE
$1,200,000
SUMMARY
This 4-unit High-Potential Investment Opportunity is listed at $1,200,000, positioned well below the $1,415,984 Fair Market Value by 15%. This valuation gap provides $215,984 in Instant Equity for the savvy buyer. With a Condition Rating of 4, the property offers significant value-add potential through modernization of its vintage 1947 infrastructure. Located in the central West Adams District, this asset is ideal for Buy-and-Hold Investors or Value-Add Developers seeking immediate income with substantial long-term upside.
Estimated Market Value
$1,200,000
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 |
|---|---|---|---|---|---|---|
★ 2633 7th Avenue Avenue Subject | $1,190,000* List Price | 0 | 0 | 4,206 | $285 | - |
A 1729 W 35th Street Sold | $985,552 | 0 | 0 | 2,714 | $363 | 0.9 mi |
B 2523 5th Avenue Pending | $1,300,000 List Price | 6 | 4 | 3,780 | $344 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1947 (79 years old) and is marketed as a 'value-add' opportunity, which typically indicates dated kitchens, bathrooms, and older building systems that require modernization. While the exterior appears functional and the building is currently income-producing, the significant age and lack of recent renovation history suggest it needs updates to reach its full potential.
PROSSTRENGTHS & OPPORTUNITIES
- Spacious Unit Layouts
With over 4,200 square feet of living space, these large 2-bedroom units—three of which include formal dining rooms—offer a premium residential feel that commands higher rental interest compared to standard apartment configurations.
- Strategic Central Location
Located in the high-demand West Adams District, the property boasts exceptional proximity to USC, Downtown LA, and major transit hubs, ensuring a consistent pool of prospective tenants and long-term desirability.
- Significant Value-Add Opportunity
The property provides immediate cash flow with substantial upside potential through cosmetic or structural renovations, allowing an investor to capitalize on the neighborhood's rapid development and increase market rents.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The assigned public schools for this location carry low ratings, predominantly in the 2 to 3 range, which may deter long-term family tenants and impact the property's appeal to a broader demographic.
- Vintage Infrastructure
Constructed in 1947, the building may require significant capital expenditures for deferred maintenance or upgrades to aging systems such as plumbing, electrical, and seismic retrofitting to meet modern standards.
About 2633 7th Avenue Avenue
Don't miss this opportunity to own a large 4-unit, 2 bedrooms each, apartment building in the West Adams District. This property has four large 2-bedroom, 1-bathroom units, three of the units even have formal dining rooms. This 4-unit property delivers immediate income with significant value-add opportunities. In one of the most accessible and central areas of Los Angeles, minutes from USC, the Olympic Coliseum, Exposition Park, West LA and Downtown LA. This is a fantastic income-producing asset in a thriving neighborhood rich in culture, history, and rapid development. Whether you're a seasoned investor looking for stable returns with upside potential or a newcomer ready to enter the multifamily market, this fourplex checks the boxes.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1947
- Lot Size
- 7,002 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Sixth Avenue Elementary School
Grades K-5 • 0.4 mi
3/10
Arlington Heights Elementary School
Grades K-5 • 0.7 mi
3/10
Twenty-Fourth Street Elementary School
Grades K-5 • 0.8 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 4,206 | 2,187.451 |
| Lot Size | 7,002 | 5,841.385 |
| Price | $1.19M | $841.5K |
| Price per sq ft | $283 | $385 |
| Built year | 1947 | 1928 |
| HOA | $0 | $0 |
| Days on market | 27 | 85 |
Pricing History
Listed for Sale
Aug 20, 2026
$1,190,000
$1,200,000
-1% Price Drop
Initial Listing
Price Change
Aug 13, 2026
$1,200,000
Initial Listing
Sold
Jul 17, 2009
$514,000
Public Record
Sold
Jun 7, 2006
$930,000
Public Record
Sold
Aug 30, 2005
$825,000
Public Record
Sold
May 13, 1997
$225,000
Public Record