7607 S San Pedro, Los Angeles, California 90003, Los Angeles, 90003 - 4 bed, 3 bath
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Los Angeles, California 90003
This Residential Income Duplex represents a significant Value-Add Asset in the high-demand Los Angeles Southwest market. Listed at $840,000, the property offers a generous 2,522 square foot layout, though it is currently positioned above the $702,678 Fair Market Value. Given its 1885 construction and Condition Rating of 5, the structure requires comprehensive modernization of its core systems to reach peak market potential. This is a strategic opportunity for forced appreciation through renovation, perfectly suited for Buy-and-Hold Investors or Value-Add Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7607 S San Pedro Subject | $840,000* List Price | 4 | 3 | 2,522 | $279 | - |
A 217 E 77th Street Sold | $630,000 | 0 | 0 | 2,283 | $276 | 0.1 mi |
B 245 W 73rd Active | $965,000 List Price | 6 | 4 | 2,746 | $351 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1885, this 139-year-old property far exceeds the 30-year threshold for poor condition without documented major renovations. The listing lacks mention of updated HVAC or electrical systems, and the last sale occurred over 20 years ago, suggesting the interior and core systems likely require a full rehab to meet modern standards.
As a duplex in a high-demand rental market, this property offers an excellent 'house-hacking' opportunity, allowing an owner to live in one unit while generating rental income from the second to offset mortgage costs.
With 2,522 square feet of interior space, the property provides a generous layout for both units, offering more room and comfort than many comparable multi-family listings in the area.
Classified as Residential Income, this property serves as a versatile asset for long-term wealth building, benefiting from the consistent demand for housing in the Los Angeles Southwest submarket.
Built in 1885, the structure is nearly 140 years old, which likely necessitates significant ongoing maintenance and potential upgrades to antiquated electrical, plumbing, and foundational systems.
The listing indicates no scenic views and a lack of modern exterior features, which may limit the property's competitive edge against newer or fully renovated developments in the 90003 zip code.
Duplex, Great opportunity to live in one and rent 2nd unit. 7607 - 3 bedroom - bath 7609 - 2 Bedroom - 1 Bath
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 86% |
| Baths | 3.0 | 0.0 | 88% |
| Square foot | 2,522 | 2,120 | 63% |
| Lot Size | 5,526 | 5,202 | 81% |
| Price | $840.0K | $760.0K | 60% |
| Price per sq ft | $333 | $356 | 49% |
| Built year | 1885 | 1924 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 190 | 2% |
Apr 22, 2026
$840,000
Initial Listing
Sep 8, 2003
$140,500
Public Record
Feb 11, 2003
$135,595
Public Record
Apr 17, 2001
$126,500
Public Record
Jul 15, 1999
$144,752
Public Record
Jan 8, 1997
$135,000
Public Record