Millman Team Real Estate

$9,990,000
48 Bed
48 Bath
29,020 Sqft
0.62 Acre Lot

4085 W 7th Street, Los Angeles, California 90005

  • Residential Income Property Type
  • 29,020 Sqft Square Footage
  • Gated Cars Garage
  • 1955 Year Built
Property Description

UNIT MIX: 2Bed, 1.75Bath x 20. 1Bed, 1Bath x 8. Actual Monthly Income: $53,200/mo. $638,400/yr. FIRST TIME ON THE MARKET in over two decades, this self-run/easy managed 28-unit RC/HPOZ apartment is situated in the quiet small pocket of Wilshire Park in greater Mid-Wilshire area, just a block south from Windsor Square-Hancock Park with an average home price of over $6 million +. This apartment comes with an ample subterranean gated parking for 20 cars in addition to plenty more street parking with District #566 Permit Exempt dedicated for sufficient parking allocation in the neighborhood. It has a community laundry, hardwood floored units with amazing sizeable layouts reminiscent of good-ole heydays when spaces weren’t any concerns and built on a massive 27,000 SF RD2 corner-lot with huge open COURTYARD. A quick 10 min-walk to Wilshire/Western Metro station, an easy 10 min-drive to DTLA and Beverly Hills to east and west. All units have been remodeled within the last ten years per owner. All units are current on their rents with majority long-termed lessees. Showing/Inspection upon “accepted offer” DRIVE-BY ONLY! For all inquiries, email L/A. Phone calls will not be answered.

Basic Details
Residential Income
For Sale
24407923
$9,990,000
None
48
48
29,020 Sqft
1955
0.62 Acre
Active
1
Features
: None
: Wall Furnace
: None
: None
: Gated, Underground, Private
: Carpet, Wood
: Ceiling Fan(s)
: Common Area
$0
Appliances
: Gas Cooktop, Microwave, Disposal, Refrigerator
Address Map
CA
Los Angeles
Los Angeles
90005
7th
4085
Street
W119° 40' 58.1''
N34° 3' 36.2''
South
West of Wilton Pl, North of Olympic.
C18 - Hancock Park-Wilshire
W
LARD2
Additional Information
$0
$0
$0
$0
$0
: None
29020
: Gated
: Two
28
2024-06-27
2
2
https://www.youtube.com/watch?v=FrOPe7ZAOzk
Broker/Agent Information
High Equity Real Estate Service, Inc.
Peter Yoo
Listing Information
CLW-X67986
CLW-X83776
Active
2025-12-28T23:17:27Z
CRMLS
: Standard
2024-06-27T00:00:00Z
Agent info
Ray Millman
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