5721 7th Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 4 bed, 3 bath

5721 7th Avenue, Los Angeles, California 90043 home-pic-0
ACTIVE$849,000
5721 7th Avenue, Los Angeles, California 90043
4Beds
3Baths
2,320Sqft
6,079Lot
Year Built
1923
Close
-
List price
$849K
Original List price
$849K
Price/Sqft
$366
HOA
-
Days on market
-
Sold On
-
MLS number
25513751
Home ConditionFair
Features
View

About this home

We found 2 Cons,3 Pros. Rank: price - $849.0K(47th), sqft - 2320(92th), beds - 4(82th), baths - 3(69th).

Welcome to 5721 7th Avenue, a charming duplex located in the vibrant Hyde Park neighborhood of Los Angeles. This property offers two distinct units: a spacious three-bedroom, two-bathroom unit featuring a cozy fireplace and in-unit washer and dryer connections, and an upstairs one-bedroom, one-bathroom unit, also equipped with its own laundry connections. Both units delivered vacant. Built in 1923, this 2,320-square-foot multi-family home sits on a generous 6,079-square-foot lot. The property includes a long driveway leading to 960 sq ft two-car garage/storage, providing ample parking space, offering potential for storage or future development, such as an Accessory Dwelling Unit (ADU). Located in an up-and-coming area, this duplex is conveniently situated near major attractions like the University of Southern California (USC), Downtown Los Angeles (DTLA), Exposition Park, Leimert Park, West Adams, and Jefferson Park. With quick access to the 110 Freeway and Inglewood, residents can easily explore the best of South LA. This property presents a prime investment opportunity with strong rental income potential, offering both stability and the chance for future growth in one of South LA's most promising neighborhoods.

Nearby schools

3/10
Angeles Mesa Elementary School
Public,K-50.4mi
2/10
Fifty-Ninth Street Elementary School
Public,K-50.4mi
2/10
Yes Academy
Public,K-50.7mi
2/10
Fifty-Fourth Street Elementary School
Public,K-51.0mi
2/10
Forty-Second Street Elementary School
Public,K-51.2mi
3/10
Seventy-Fourth Street Elementary School
Public,K-51.3mi
4/10
Centinela Elementary School
Public,K-61.5mi
1/10
Lane (Warren) Elementary School
Public,K-61.6mi
3/10
Windsor Hills Math Science
Public,K-51.8mi
2/10
Barack Obama Global Preparation Academy
Public,6-81.2mi
1/10
Horace Mann Junior High School
Public,6-81.3mi
2/10
Audubon Middle School
Public,6-81.4mi
3/10
Parent (Frank D.) Elementary School
Public,K-82.9mi
2/10
Crozier (George W.) Middle School
Public,7-83.0mi
/10
Monroe (Albert F.) Middle School
Public,6-83.5mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-120.6mi
2/10
Inglewood High School
Public,9-122.6mi
2/10
George Washington Preparatory High School
Public,9-123.8mi
9/10
Middle College High School
Public,9-126.2mi

Price History

Date
Event
Price
07/01/25
Sold
$883,500
12/17/24
Sold
$464,000
Condition Rating
Fair

The property was built in 1923 and while the listing mentions updates, the images reveal an aged interior. The kitchens and bathrooms appear functional but outdated, suggesting the property requires minor updates or repairs. The overall condition reflects its age with signs of wear and tear, but it seems to have been maintained through regular upkeep.
Pros & Cons

Pros

Investment Opportunity: The duplex offers strong rental income potential in an up-and-coming area of South LA.
Development Potential: The large lot and two-car garage/storage provide potential for future development, such as an Accessory Dwelling Unit (ADU).
Prime Location: Conveniently located near USC, DTLA, Exposition Park, Leimert Park, West Adams, Jefferson Park, the 110 Freeway, and Inglewood.

Cons

Age of Property: Built in 1923, the property may require updates or renovations to meet modern standards.
Potential Renovation: While offering value-add potential, the property may require some renovation to maximize its appeal and rental income.

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