660 W 7th Street, San Pedro, California 90731, San Pedro, 90731 - 3 bed, 4 bath
Loading property details...
San Pedro, California 90731
This Mixed-Use Income Property is listed at $1,580,000, currently priced above the $1,344,361 Fair Market Value to reflect its prime commercial positioning and high-traffic visibility. While the building carries a Poor Condition Rating due to residential units requiring significant rehabilitation, the two Renovated Commercial Units offer immediate income potential. Situated on a High-Visibility Corner within the Los Angeles Unified district near Taper Avenue Elementary (9/10) and Palos Verdes Peninsula High (10/10), the location ensures long-term demand. This Value-Add Asset represents a strategic acquisition for Buy-and-Hold Investors or Value-Add Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 660 W 7th Street Subject | $1,580,000* List Price | 3 | 4 | 4,232 | $318 | - |
A 629 W 8th W Active | $1,125,000 List Price | 0 | 0 | 3,716 | $303 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1913 mixed-use property presents a significant disparity in condition. While the commercial units have clearly undergone recent, modern renovations with updated flooring, lighting, and mini-split AC systems, appearing in excellent condition, the residential units are not mentioned as renovated. The provided image of a bathroom medicine cabinet, showing extensive rust and wear, strongly indicates that at least one bathroom (likely in a residential unit) is in very poor condition, requiring substantial repairs and rehabilitation. Given the age of the building and the evident poor state of critical areas like bathrooms in the unrenovated sections, the overall property condition is assessed as 'Poor', as it requires substantial repairs beyond minor updates to bring all units to a livable and desirable standard.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property features a versatile four-unit configuration (two residential, one office, one medical office), offering diversified income streams and investment flexibility.
Strategically located on a high-traffic corner at West 7th Street & South Gaffey Street, providing excellent exposure for commercial tenants and overall property visibility.
Built in 1913, the building is over a century old, which may imply aging infrastructure (plumbing, electrical, roof) in unrenovated sections and potentially higher long-term maintenance costs.
Only the two commercial units are noted as renovated, suggesting the residential units or other common areas may require significant updates and capital investment.
The provided data contains significant inconsistencies, such as a future 'on_market_date' (2025-08-23) and an unrealistically low 'original_list_price' ($16,800), which could cause confusion or distrust among potential buyers.
Four unit mixed use building on the corner of West 7th Street & South Gaffey Street in San Pedro, two residential units upstairs, one office unit & one medical office unit downstairs. High traffic location, two commercial units has been renovated, & low maintenance.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-6 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 1.5 | 50% |
| Baths | 4.0 | 2.0 | 50% |
| Square foot | 4,232 | 4,920.5 | 50% |
| Lot Size | 5,001 | 4,920.5 | 50% |
| Price | $1.58M | $1.49M | 50% |
| Price per sq ft | $373 | $311 | 50% |
| Built year | 1913 | 1951 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 242 | 174 | 0% |
Nov 1, 2025
$1,580,000
$1,680,000
-6% Price Drop
Initial Listing
Aug 24, 2025
$1,680,000
Initial Listing
Aug 23, 2025
$16,800
Initial Listing
Aug 12, 2022
$1,175,000
Public Record
May 8, 2003
$335,000
Public Record
Apr 4, 1997
$302,500
Public Record