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.
Property Details
Property Features
Property Information:
Year Built: 1955
Stories: 2
Living Area: 29,020 SqFt
Listing Office:
Office Name: Masters Realty & Investment
Office Phone: (213) 385-6500
Listing Agent: Peter Yoo
Interior Features
Interior Information:
Appliances: Gas Cooktop, Disposal, Microwave, Refrigerator
Flooring Type: Carpet, Wood
Interior: Ceiling Fan(s)
Fireplace: None
Bedroom and Bathroom Information:
Total Bedroom Count: 48
Exterior Features
Exterior Information:
Private Pool: No
View: None
Parking Information:
Parking: Underground, Gated, Private
Virtual/3D Tour
Virtual Tour: 4085 W 7th St
Virtual Tour
Lot Features
Lot Information:
Lot Size: 0.62 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Other
Directions Information:
Directions: West of Wilton Pl, North of Olympic.
Price Information
Listing Price Info
Price Summary:
List Price: $9,990,000
Price Per SqFt: $344/SqFt
Tax Information:
Annual Amount: $58,799
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $8.9M more than the Median Sold Price and $297/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24407923
Listing Office:
Office Name: Masters Realty & Investment
Office Phone: (213) 385-6500
Listing Agent: Peter Yoo
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/18/2024, 5:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 03, 2003
Jun 03, 2003Home Sold
$3,500,000
Jan 28, 2000
Jan 28, 2000Home Sold
$2,000,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$58,799
$4,691,596
2020
$57,098
$4,635,123
2019
$56,564
$4,544,239
2018
$55,335
$4,455,138
2017
$55,335
$4,367,783
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Wilshire Park Elementary
4063 Ingraham St
Distance between this listing and this school0.09 miles
Public District Grades KG-5
5
/10
Wilton Place Elementary
745 S Wilton Pl
Distance between this listing and this school0.17 miles
Public District Grades KG-5
4
/10
Hobart Boulevard Elementary School
980 S Hobart Blvd
Distance between this listing and this school0.84 miles
Public District Grades KG-5
Nearby Schools
4
/10
Pico Pico Middle School
1512 Arlington Ave
Distance between this listing and this school0.98 miles
Public District Grades 6-8
6
/10
John Burroughs Middle School
600 S McCadden Pl
Distance between this listing and this school1.16 miles
Public District Grades 6-8
3
/10
Johnnie Cochran Jr. Middle School
4066 W Johnnie Cochran Vis
Distance between this listing and this school1.34 miles
Public District Grades 6-8
Nearby Schools
9
/10
Girls Academic Leadership Academy Dr. Michelle King School STEM
1067 West Blvd
Distance between this listing and this school0.88 miles
Public District Grades 6-12
3
/10
Los Angeles High School
4650 W Olympic Blvd
Distance between this listing and this school0.90 miles
Public District Grades 9-12
5
/10
RFK Community Schools - UCLA Community School
700 S Mariposa Ave
Distance between this listing and this school1.11 miles
The neighbors living near this home have an average income of $40,180. Typical income of Los Angeles, CA residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4085 W 7th St
What is the listing price of this property?
The listing price of 4085 W 7th St property is $9,990,000.
What type of property is this?
The property 4085 W 7th St is a house located in Los Angeles, California, 90005.
Is this property for sale now?
Active Listing: 4085 W 7th St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $58,799 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 3, 2003 for $3,500,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 4085 W 7th St has 48 bedrooms and 48 bathrooms.
What is the square footage of this property?
The property 4085 W 7th St is 29,020 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 4085 W 7th St is 1955.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4085 W 7th St in Los Angeles, CA and zip code 90005 in the Country Club Park neighborhood. This 29,020 square foot home, which was built in 1955, sits on a 0.62 acre lot. Features: 48 bedrooms, 48 bathrooms. It has been listed on Rocket Homes since June 27, 2024 and is currently priced at $9,990,000.
While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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