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Two-Unit Duplex
For Sale
$840,000

7607 S San Pedro, Los Angeles, CA 90003

The two-unit residential property pairs a three-bedroom home with a separate two-bedroom unit.

Property Size2,522 SF
Days on Market184

Property Features for 7607 S San Pedro

General Information

Standard status Active
Size 2,522 SF
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 2

Building Details

Building Size 2,522 SF
Year Built 1885
Listing Agency: ALTICORE REALTY
Listed By: INGRID OSORIO · License #01341468
Source: Milsteinestates
Added: Apr 19 Changed: Oct 19 Last Checked: Oct 19 at 2:19PM

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 ALTICORE REALTY

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Investment Insights

Based on property information with market context.

This duplex contains two residences with different bedroom counts. The home at 7607 has three bedrooms, while the 7609 unit has two bedrooms and one bathroom. The listing identifies the property as built in 1885.

Key Highlights

  • Two‑unit duplex with separate 7607 and 7609 residences
  • 7607 residence has 3 bedrooms
  • 7609 residence has 2 bedrooms and 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$57,093
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $3,121,111 @ 7.0% cap · market cap 371.56%
Second Best
Multifamily LT 5
$815.6K
$713.7K – $951.6K (±1% cap)
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. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,352
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The two-unit residential property pairs a three-bedroom home with 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: Two‑unit duplex with separate 7607 and 7609 residences; 7607 residence has 3 bedrooms; 7609 residence has 2 bedrooms and 1 bathroom
More about this property
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