4508 7th Avenue, Los Angeles, California 90043, Los Angeles, 90043 - bed, bath
ACTIVE$799,000$1,948/sqft
4508 7th Avenue, Los Angeles, California 90043
0Bed
0Bath
1,948Sqft
6,347Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: High School: Middle College High School (9/10).
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-04-08. The sold price is $690,000.00.
Compared to the nearby listings
Price:$799.0K vs avg $775.0K (+$24,000)56%
Size:1,948 sqft vs avg 1,808 sqft67%
Price/sqft:$410 vs avg $39356%
More Insights
Built in 1923 (103 years old).
Condition: Built in 1923, this property has had significant capital improvements (roof, foundation, windows) approximately 3 years ago, which addresses major structural components. However, the listing explicitly states that 'the interiors are ready for updating,' indicating that kitchens, bathrooms, flooring, and other finishes are outdated and require substantial renovation to meet current standards. While the major systems are sound, the interior condition necessitates more than minor updates, placing it in the 'Fair' category.
Year Built
1923
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$410
HOA
-
Days on market
-
Sold On
-
MLS number
PW25281819
Home ConditionFair
Features
Patio
View-
About this home
Excellent opportunity to own a duplex with multiple use scenarios. The property consists of two units: a 2-bedroom / 1-bath and a 1-bedroom / 1-bath, offering flexibility for an owner-user or investor. The property comes with plans intended to retain the duplex configuration, allowing a buyer to live in one unit while renting the other, or remodel and operate as a long-term income property. The layout and detached two-car garage also present future potential for those exploring alternative uses, subject to buyer verification with the city. Major capital improvements have already been completed, including roof, foundation, and windows approximately 3 years ago, providing a strong starting point for interior renovation. The interiors are ready for updating, allowing a buyer to customize finishes and maximize value. Conveniently located and well-suited for a variety of strategies including owner-occupancy, value-add rental, or long-term hold. Buyer to verify all information, intended use, zoning, permits, and square footage to their satisfaction.
A
Ali Ghandour
Listing Agent
Nearby schools
2/10
Forty-Second Street Elementary School
Public,•K-5•0.3mi
3/10
Angeles Mesa Elementary School
Public,•K-5•0.5mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•1.1mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.3mi
2/10
Yes Academy
Public,•K-5•1.5mi
3/10
Windsor Hills Math Science
Public,•K-5•1.8mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•2.1mi
4/10
Centinela Elementary School
Public,•K-6•2.1mi
1/10
Lane (Warren) Elementary School
Public,•K-6•2.4mi
2/10
Audubon Middle School
Public,•6-8•0.6mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•0.8mi
1/10
Horace Mann Junior High School
Public,•6-8•2.0mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•3.2mi
2/10
Crozier (George W.) Middle School
Public,•7-8•3.6mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•4.4mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•0.4mi
2/10
Inglewood High School
Public,•9-12•3.3mi
2/10
George Washington Preparatory High School
Public,•9-12•4.6mi
9/10
Middle College High School
Public,•9-12•6.7mi
Price History
Date
Event
Price
09/05/01
Sold
$115,000
04/08/25
Sold
$690,000
07/26/06
Sold
$500,000
01/09/02
Sold
$202,000
Condition Rating
Fair
Built in 1923, this property has had significant capital improvements (roof, foundation, windows) approximately 3 years ago, which addresses major structural components. However, the listing explicitly states that 'the interiors are ready for updating,' indicating that kitchens, bathrooms, flooring, and other finishes are outdated and require substantial renovation to meet current standards. While the major systems are sound, the interior condition necessitates more than minor updates, placing it in the 'Fair' category.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Versatile Investment Opportunity: The property is a duplex with two units (2-bed/1-bath and 1-bed/1-bath), offering flexible use scenarios for an owner-user to live in one unit and rent the other, or for an investor seeking a pure income-generating asset.
Recent Major Capital Improvements: Significant capital improvements, including the roof, foundation, and windows, were completed approximately 3 years ago, providing a strong structural foundation and reducing immediate large-scale maintenance concerns for a new owner.
Desirable Mid Los Angeles Location: Located in the C16 - Mid Los Angeles area, the property benefits from a convenient urban setting with potential for appreciation and access to city amenities.
Income-Generating Potential: The existing duplex configuration provides immediate rental income opportunities, making it an attractive option for offsetting mortgage costs or as a dedicated income property.
Detached Two-Car Garage with ADU Potential: The property includes a detached two-car garage, which offers valuable parking and storage, and presents future potential for conversion into an Accessory Dwelling Unit (ADU), subject to city verification, to enhance value and income.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-04-08. The sold price is $690,000.00.
Interiors Require Updating: The description explicitly states that the 'interiors are ready for updating,' indicating that a buyer will need to invest in renovations to modernize the units and maximize their rental or resale value.
Older Property Age: Built in 1923, while major systems have been updated, the property's age may still imply the presence of older infrastructure (e.g., plumbing, electrical not explicitly mentioned as updated) or architectural elements that could require future attention or maintenance.
Below-Average School Ratings: The closest elementary and middle schools generally have ratings of 2 or 3, which may be a consideration for families prioritizing access to higher-rated public educational institutions.