Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    664 W 7th Street San Pedro, CA 90731

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,400/Mo $27 SF/Yr (calc)

    Two-bedroom unit with new flooring and paint available for rent.

    Type:Mixed Use
    Property size:
    1,050 SF
    Added:
    Aug 26, 2025
    Days on Market:
    247
    Last Refresh:
    Apr 5 at 10:01 pm

    Property Features for 664 W 7th Street

    General Information

    Standard status
    Active
    Size
    1,050 SF
    Property subtype
    Mixed Use

    Building Details

    Year Built
    1913

    We can help!

    Listing Contact
    Kylan Ha

    Listing agent Kylan Ha License #DRE

    Listing office Santa Clarita

    Listing date Aug 26, 2025

    Source Kw

    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 Santa Clarita

    Overview

    San Pedro Multifamily Unit For Rent

    This multifamily property in San Pedro, California, features upstairs units with two bedrooms and one bathroom. The units have been updated with new laminate flooring and fresh paint.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Pedro
    County
    Los Angeles
    State
    California
    Longitude
    -118.258
    Latitude
    34.048

    Nearby Similar for Lease

    • $3,000/Mo

      San Pedro Creative Industrial Space

      Modern industrial-style creative space with flexible business use potential.
      2003 S Mesa, San Pedro, CA 90731
      View Details
    • $1,600/Mo

      Prime San Pedro Commercial Space

      Modern 600 SqFt office with retail potential in San Pedro.
      807 S Gaffey, San Pedro, CA 90731
      View Details
    • $3,000/Mo

      Creative Industrial Space For Rent

      Modern industrial-style creative space with street access and fenced exterior.
      2003 S Mesa, San Pedro, CA 90731
      View Details
    • $575/Mo

      San Pedro Office Space Available

      Comfortable office space in the heart of San Pedro, CA.
      555 W 9th Street, San Pedro, CA 90731
      View Details
    • $575/Mo

      San Pedro Office Space Available

      Comfortable office space in a prime San Pedro location.
      555 W 9th Street, San Pedro, CA 90731
      View Details
    • $575/Mo

      San Pedro Office Space Available

      Comfortable office space in the heart of San Pedro, CA.
      555 W 9th Street, San Pedro, CA 90731
      View Details
    • $1,000/Mo

      San Pedro Commercial Space Available

      Commercial space suitable for medical or office use in San Pedro.
      660 W 7th Street, San Pedro, CA 90731
      View Details
    • $1,950/Mo

      Furnished Office Suite in San Pedro

      Updated, furnished office suite with parking in downtown San Pedro.
      624 W 9th St 101, San Pedro, CA 90731
      View Details
    • $4,512/Mo

      Modern Office Space in San Pedro

      Modern office space for lease in the heart of San Pedro.
      858 W 9th Street, San Pedro, CA 90731
      View Details
    • $2.00 SF/Yr

      San Pedro Retail Space Available

      Retail property in San Pedro, CA, offering 2258000 square feet.
      800-810 S. Gaffey St., San Pedro, CA, 90731
      View Details
    • $1,975/Mo

      Retail Space in San Pedro

      Retail space available for rent in San Pedro, California.
      624 W 9th Street 101, San Pedro, CA 90731
      View Details
    • $1.70 SF/Yr

      Commercial Space Available for Rent

      Commercial space available for rent at 411 N Harbor Blvd.
      411 N Harbor Blvd, San Pedro, CA 90731
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Two-bedroom unit with new flooring and paint available for rent.
    Where is this multifamily property located?
    The property is located at 664 W 7th Street San Pedro, CA.
    What is the lease rate?
    The lease rate is $2,400 /Mo.
    What are key features of this property?
    This property features: 2 bedrooms offer comfortable living space.; Features 1 bathroom.; New laminate flooring adds a touch of modern elegance.
    (661) 290-3700
    We can help!
    Listing Contact
    Kylan Ha
    Real Estate License ID: DRE
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!