Overview
- Retail
- 1913
Description
1723 7th st is a 32-unit mixed use building located in the Pico Union neighborhood. This massive 30,319 sqft building is offered at only $124k/unit and $131/sqft. The property is currently operating at a 7.22% CAP and 7.67GRM. There is still over 51%+ upside available once the property is stabilized. The property is individually metered for gas and electric. The building is comprised of (26) apartment units and (6) Retail Spaces – consistent of (13) 1-Bed+1-Bath, (13) Studio+1Bath. Currently (2) studio/1-bath units are being delivered vacant, offering immediate upside in rental income. 1723 7th st is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops, restaurants and amenities nearby, making this an ideal location for renters.
Address
Open on Google Maps- Address 7th
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90017
Details
Updated on January 15, 2026 at 11:08 am- Property ID: HZSB26007621
- Price: $3,975,000
- Year Built: 1913
- Property Type: Retail
- Property Status: CommercialSale
- Listed by: Cameron Samimi
- DRE #: 02035763
- Contact Mail: cameron@lyonstahl.com
- Brokered by: Lyon Stahl Investment Real Estate, Inc.
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