Neighborhood
6711 7th Ave, Los Angeles, CA 90043
2 beds · 1 bath · 902 sq ft · Lot: 4,799 sq ft · Single Family Home · Built: 1923
Est. Value:
$602K
Est. Rent:
$3.5K/month

6711 7th Ave Los Angeles, CA 90043

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2 beds · 1 bath · 902 sq ft · Lot Size: 4,799 sq ft · Single Family Home · Hyde Park
Est. Property Value: $601,592

High Demand Long-Term RentalOwner Age 65 - 75

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6711 7th Ave is in the Hyde Park neighborhood of Los Angeles, CA. It is located in Los Angeles County and ZIP code 90043. This Single Family Home was built in 1923 and is approximately 102 years old. The single family home spans 902 sq ft with 2 bedrooms and 1 bathroom and sits on a 4799 sq ft lot. According to public records, it was sold for $43,000 and has a tax-assessed value of $440,010, which is $667 per sq ft. The Hyde Park area of Los Angeles has 2544 residential homes with an average size of 1120 sq ft. Analyze and compare real estate investment strategies for properties like this home at 6711 7th Ave Los Angeles, CA 90043 with Property Intel by Whitepages.

Investment Potential for 6711 7th Ave

The property has a current estimated value of $601,592, which is 2% below the neighborhood median, based on public records. It last sold for $43,000. Projected long-term
is $42,600 annually ($3,550 per month) with a 93% occupancy rate.

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Long-Term

Gross Rental
$42,600 per year($3,550 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
93%in 90043 zip code
 
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Owners & Occupancy for 6711 7th Ave

This property is owned by Maria G Mejia. Owner contact information includes 7 phone numbers and 5 email addresses.

Property Owners

Cell Phone(714) ***-****View Cell Phone
Residence***************
Landline(323) 931-2988
Distance from Property**********
Email Address**********@yahoo.comView Email

Cell Phone(323) ***-****View Cell Phone
Residence***************
Landline(323) 931-2988
Distance from Property**********
Email Address*************@hotmail.comView Email
View All Owner Info

Property Ownership Information

Property Tax Amount$1,184 in 2023
Purchase Price$43,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1************* age 74
Resident 2*************** age 45
Resident 3******************* age 77

Property Details for 6711 7th Ave

Property Details

Property Sq Ft

Living Area

902 sq ft

19% below market

Lot Size

4,799 sq ft

11% below market

Price Per Sq Ft

Living Area

$667 / sq ft

18% above market

Lot Size Area

$125 / sq ft

10% above market

Property condition, age, exterior, etc. for 6711 7th A…
Longitude: -118.324837 Latitude: 33.97782 Parcel Number (APN): 4008-011-048…
Mortgage originated on through lender: UNKNOWN for$******View Mortgage Details
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Discover more single family homes near 6711 7th Ave in Los Angeles, California. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 6711 7th Ave in Los Angeles County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$601,592
$555,298
$46,294 (8%)
—
—
—
YoY Price Change
****%
1.67%
560%
Year Built
1923
1952
-29 years
Living Space
902 sq ft
1,134 sq ft
-232 (-20%)
$ Per Living Sq Ft
$667
$489
$178 (36%)
Lot Size
4,799 sq ft
6,300 sq ft
-1501 (-24%)
$ Per Lot Sq Ft
$125
$96
$29 (30%)

Net Operating Income
$*****
$29,988
$1,358 (5%)
Annual Revenue
$42,600
$45,600
-$3,000 (-7%)
$*****
$12,191
-$937 (-8%)
Net Operating Income
$*****
$29,988
$1,358 (5%)
Cap Rate
****%
4.86%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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