Courtyard 8-Unit Multifamily with
For Sale
Contact for pricing
1047 West 7th Street, Los Angeles, CA 90731
Eight courtyard-style units with private single-car garages and individual entrances support a mix of studio, one-, and two-bed layouts.
Property Size5,008 SF
Price / SF$299.50
Days on Market57
Property Features for 1047 West 7th Street
General Information
Standard status
Active
Size
5,008 SF
Total Parking Spaces
8
Property subtype
Multifamily
Additional Details
Multifamily Units
8
Building Details
Year Built
1930
Listing Agency:
First Team Real Estate
Listed By:
Angie Weeks · License #CA 01398537
Source:
Crexi
Added: Jun 11
Changed: Jul 10
Last Checked: Jul 28 at 5:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First Team Real Estate
Investment Insights
Based on property information with market context.
1045-1057 W. 7th Street is an 8-unit multifamily property arranged in a bungalow-style courtyard configuration. Each unit has its own entrance, supporting an apartment-with-home-feel approach to tenant living. The property also includes eight private, single-car garages and eight electric meters. Unit mix consists of studios, one-bedroom, and two-bedroom floor plans. Several units have been updated with laminate flooring, modernized bathrooms, and refreshed interior finishes.
The property is located in San Pedro, with proximity to Downtown San Pedro, the Port of Los Angeles, and Cabrillo Marina, as well as the West Harbor waterfront redevelopment. Nearby area amenities and activity referenced in the offering include the Battleship USS Iowa Museum, Cabrillo Beach, the San Pedro Arts District, waterfront dining, and cruise terminals, along with major transportation corridors connecting to Long Beach, the South Bay, and Downtown Los Angeles.
With two units currently vacant, the property provides an immediate leasing opportunity and room for tenant-ready improvements. The combination of private garage parking, individual unit entrances, and a diversified studio-to-two-bedroom mix can appeal to a range of household types, while interior updates on select units can help streamline turn and re-lease efforts.
The property is located in San Pedro, with proximity to Downtown San Pedro, the Port of Los Angeles, and Cabrillo Marina, as well as the West Harbor waterfront redevelopment. Nearby area amenities and activity referenced in the offering include the Battleship USS Iowa Museum, Cabrillo Beach, the San Pedro Arts District, waterfront dining, and cruise terminals, along with major transportation corridors connecting to Long Beach, the South Bay, and Downtown Los Angeles.
With two units currently vacant, the property provides an immediate leasing opportunity and room for tenant-ready improvements. The combination of private garage parking, individual unit entrances, and a diversified studio-to-two-bedroom mix can appeal to a range of household types, while interior updates on select units can help streamline turn and re-lease efforts.
Key Highlights
- 8‑unit multifamily property (1045‑1057 W. 7th Street) built in 1930
- Courtyard‑style layout with individual unit entrances
- Includes 8 private single‑car garages plus 8 electric meters
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
2,641
Businesses Nearby
Explore this area
Business Placement
Demographics for 90731, CA
61,270
Population
24,477
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
81%
High-School Grad
9.3 sq mi
ZIP Area
6,588
Density / Sq Mi
$71,936
Median Household Income
$41,324
Median Earnings
$1,645
Median Rent
$808,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight courtyard-style units with private single-car garages and individual entrances support a mix of studio, one-, and two-bed layouts.
Where is this apartment building located?
The property is located at 1047 West 7th Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,499,900.
What are key features of this property?
This property features: 8‑unit multifamily property (1045‑1057 W. 7th Street) built in 1930; Courtyard‑style layout with individual unit entrances; Includes 8 private single‑car garages plus 8 electric meters
