This High-Potential Investment Opportunity is a Residential Income Duplex listed at $699,000—positioned well below the $817,326 Fair Market Value by 14%. This valuation gap provides $118,326 in Instant Equity. With a Condition Rating of 3, the property features updated interiors and a Gated Corner Lot with Development Potential for 14+ units. This asset is ideal for Buy-and-Hold Investors seeking strong rental yields or Owner-Occupants looking to house-hack in the growing Vermont Knolls corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7515 S Vermont Avenue Subject 0 bd · 0 ba · 2,361 sqft · $346 | $699,000* List Price | 0 | 0 | 2,361 | $346 | - |
A 6605 Denver Sold 0 bd · 0 ba · 2,332 sqft · $241 · 0.7 mi | $563,000 | 0 | 0 | 2,332 | $241 | 0.7 mi |
B 639 W Gage Avenue Sold 0 bd · 0 ba · 1,830 sqft · $344 · 0.9 mi | $630,000 | 0 | 0 | 1,830 | $344 | 0.9 mi |
C 860 860 W. 73rd St. Pending 0 bd · 0 ba · 2,275 sqft · $305 · 0.2 mi | $695,000 List Price | 0 | 0 | 2,275 | $305 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates back to 1921, the listing highlights updated interiors with modern touches in the kitchens and bathrooms. The units are described as well-maintained and move-in ready with durable tile flooring, suggesting a renovation within the 5-15 year range.
High School: Middle College High School (9/10).
The property is pre-approved for a 14-unit multifamily development, offering significant long-term value and upside for investors looking to capitalize on the growing Vermont Corridor.
With a current annual rental income of $60,816 against a $699,000 list price, this duplex provides an exceptionally high gross cap rate for the Los Angeles market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2361, other record living area = 2790.
The majority of assigned local elementary, middle, and high schools have low performance ratings (1-3), which may deter families prioritizing high-quality public education.
Originally built in 1921, the property may require higher long-term maintenance and capital expenditures for aging structural and mechanical systems despite recent cosmetic updates.
Massive price reduction Duplex Current Rental Income $60816 7519 & 7525 S. Vermont Ave, Los Angeles, CA 90044 Spacious Cash Flowing Duplex on Corner Lot | Gated Prime Vermont Corridor Development Opportunity Welcome to this fantastic duplex opportunity in the rapidly growing Vermont Knolls neighborhood of South Los Angeles! This private, gated corner property features two well-maintained units, offering flexibility for both owner-occupants and investors alike. From the multifamily investment perspective this property has been pre approved for 14 units or more of new multifamily. 7525 S. Vermont Ave This generous unit offers 3 bedrooms, 1.5 baths, a spacious living room, and a large kitchen perfect for family gatherings. Enjoy the convenience of a separate laundry room and off-street parking for 2 cars. Tile flooring throughout and ample living space provide comfort and durability for everyday living. 7519 S. Vermont Ave Attached townhome-style unit featuring 2 oversized bedrooms and 1 updated bath, with modern touches in the kitchen and bathroom. Step outside to your private rear area, ideal for barbecues, entertaining, or additional storage. Both units are well-positioned near local transit, shopping, and dining, making this a prime investment in one of LA’s up-and-coming neighborhoods. With excellent income potential and desirable features, this duplex is a must-see! Highlights: Corner lot with gated privacy Separate addresses: live in one, rent the other! Off-street parking (2 spaces for 7525 unit) Updated interiors and spacious layouts Near transit, schools, and the growing Vermont Knolls community Don’t miss this incredible opportunity to own a versatile property in a high-demand location!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,361 | 2,090.331 |
| Lot Size | 4,985 | 5,852.908 |
| Price | $699.0K | $830.9K |
| Price per sq ft | $296 | $394 |
| Built year | 1921 | 1928 |
| HOA | $0 | $0 |
| Days on market | 34 | 87 |
Oct 6, 2026
$699,000
Initial Listing
Jan 19, 2022
$150,000
Public Record
Jul 23, 2019
$1,840,909
Public Record
Aug 17, 1994
$36,000
Public Record