Duplex With Two Separate
For Sale
$840,000
7607 S San Pedro, Los Angeles, CA 90003
MULTI_FAMILY - Los Angeles, CA
Property Size2,522 SF
Lot Size0.13 Acres
Price / SF$333.07
Days on Market120
Property Features for 7607 S San Pedro
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 1, Laundry Room, Bedroom 1, Bedroom 2, Bedroom 4
Lot features
2-5 Units/ Acre
Elementary school district
Los Angeles Unified
Middle school district
Los Angeles Unified
High school district
Los Angeles Unified
Directions
S. San Pedro Street and 76th
Subdivision
C34 - Los Angeles Southwest
Standard status
Active
APN
6022013002
Size
2,522 SF
Lot size
0.13 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1885
Floors in Building
1
Number of units
2
Listing Agency:
ALTICORE REALTY
(951) 924-4292
Listed By:
INGRID OSORIO · License #01341468
(951) 334-9215
Added: Apr 19
Changed: Aug 11
Last Checked: Aug 16 at 11:06AM
MLS# IV26087803
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers two separate units with distinct bedroom and bath configurations. One unit is described as a three-bedroom, one-bath layout, and the second unit is described as a two-bedroom, one-bath layout, giving tenants or owners flexibility for everyday living and rental use.
The property sits on a 0.1269-acre lot and includes 2,522 square feet. Built in 1885, it is served by public water and public sewer.
The interior plan includes multiple bedrooms, several bathrooms, and a laundry room, supporting practical day-to-day use for residents in either unit.
The property sits on a 0.1269-acre lot and includes 2,522 square feet. Built in 1885, it is served by public water and public sewer.
The interior plan includes multiple bedrooms, several bathrooms, and a laundry room, supporting practical day-to-day use for residents in either unit.
Key Highlights
- 0.1269‑acre lot
- 2,522 SF duplex
- Built in 1885
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,093
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,141,860
$1.1M
Cap Rate 7%
$815,614
$815.6K
Cap Rate 9%
$634,367
$634.4K
Market Conditions
NOI Build-Up for 2,522 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$83.2K $33.00/SF
− Vacancy
−$1.7K −$0.66/SF
EGI
$81.6K $32.34/SF
− OpEx
−$24.5K −$9.70/SF
NOI
$57.1K $22.64/SF
Area
ZIP 90003
Vacancy
2.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,141,860
Cap Rate 7%
$815,614
Cap Rate 9%
$634,367
Alternative Uses
Best Use
Apartment 5plus
$44.59M
$39.01M – $52.02M
NOI $3,121,111 @ 7.0% cap · market cap 371.56%
Second Best
Multifamily LT 5
$815.6K
$713.7K – $951.6K
NOI $57,093 @ 7.0% cap · market cap 6.80%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,269
Businesses Nearby
Explore this area
Business Placement
Demographics for 90003, CA
72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with public water and sewer, featuring a three-bedroom unit and a separate two-bedroom unit.
Where is this duplex located?
The property is located at 7607 S San Pedro Los Angeles, CA.
What is the asking price?
The asking price for this property is $840,000.
What are key features of this property?
This property features: 0.1269‑acre lot; 2,522 SF duplex; Built in 1885
