7515 S Vermont Avenue, Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
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Los Angeles, California 90044
This High-Density Development Asset is listed at $799,000, representing a stable entry point near its $763,954 Fair Market Value. While currently functioning as a well-maintained duplex with a Condition Rating of 4, the property’s primary appeal is its pre-approval for 14+ multifamily units. Situated on a gated corner lot in the growing Vermont Knolls neighborhood, it provides immediate rental income with massive scale potential. This is a strategic acquisition for Real Estate Developers or Buy-and-Hold Investors looking to capitalize on South LA’s urban density.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7515 S Vermont Avenue Subject | $790,000* List Price | 0 | 0 | 2,361 | $318 | - |
A 856 W 73rd Street Sold | $750,000 | 4 | 4 | 2,339 | $321 | 0.2 mi |
B 860 860 W. 73rd St. Pending | $695,000 List Price | 0 | 0 | 2,275 | $305 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1921, this duplex is well-maintained and features some interior updates, including tile flooring and 'modern touches' in the kitchens and bathrooms. However, the property is over 100 years old, and the listing's heavy emphasis on its 'Development Opportunity' for 14+ units suggests that the current structures are nearing the end of their economic life or require significant modernization to meet current market standards. While move-in ready, the aesthetic and systems likely show signs of age consistent with a property that has had occasional updates rather than a full-scale recent renovation.
High School: Middle College High School (9/10).
The property is pre-approved for the development of 14 or more multifamily units, offering significant value-add potential for investors looking to capitalize on South LA's growth.
Featuring two distinct units with separate addresses and updated interiors, this duplex provides a flexible opportunity for owner-occupants to live in one and rent the other.
The majority of assigned and nearby public schools carry low ratings (1-3), which may limit the property's appeal to families prioritizing high-quality educational districts.
A history of five consecutive price reductions from the original $899,000 list price suggests initial overvaluation or a lack of buyer demand at previous price points.
7519 & 7525 S. Vermont Ave, Los Angeles, CA 90044 Spacious Duplex on Corner Lot | Gated | Prime South LA Location 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,361 | 2,186.5 | 56% |
| Lot Size | 4,985 | 5,798.5 | 22% |
| Price | $790.0K | $835.0K | 38% |
| Price per sq ft | $335 | $403 | 28% |
| Built year | 1921 | 1923 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 436 | 158 | 97% |
Jun 3, 2026
$790,000
$795,000
-1% Price Drop
Initial Listing
May 8, 2026
$795,000
$799,000
-1% Price Drop
Initial Listing
Mar 21, 2026
$799,000
$815,000
-2% Price Drop
Initial Listing
Feb 22, 2026
$815,000
$839,000
-3% Price Drop
Initial Listing
Dec 4, 2025
$839,000
$849,000
-1% Price Drop
Initial Listing
Oct 31, 2025
$849,000
$859,000
-1% Price Drop
Initial Listing
Sep 25, 2025
$859,000
Initial Listing
Apr 5, 2025
$899,000
Initial Listing
Jan 19, 2022
$150,000
Public Record
Jul 23, 2019
$1,840,909
Public Record
Aug 17, 1994
$36,000
Public Record