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    The Largest CRE Database in the US with Over 1 Million Listings

    1003 Calzona St Los Angeles, CA 90023

    Sponsored
    For Sale
    $1,399,999

    Quadruplex - Los Angeles, CA

    Type:Quadruplex
    Property size:
    3,549 SF
    Lot size:
    5,000.00 Acres
    Days on Market:
    149
    Last Refresh:
    Feb 4 at 7:06 am

    Property Features for 1003 Calzona St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    Zoning
    LAR2
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    7
    Bathrooms
    6
    APN
    5188012014
    Parking
    1
    Parking features
    Carport, None
    Exterior features
    Community Features Included: Curbs, Street Lights, 2-5 Units/Acre
    Size
    3,549 SF
    Lot size
    5,000.00 Acres

    Utilities

    Cooling system
    Ductless

    Building Details

    Year built
    1931
    Floors in Building
    2
    Number of units
    4
    Architectural style
    Other

    We can help!

    Listing Contact
    Cody Reiter

    Real Brokerage Technologies, Inc. (619) 248-6434

    Listing agent Cody Reiter (619) 663-8680 License #01974217

    Listing date Sep 9, 2025

    MLS# CV25206545 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Remodeled Los Angeles Quadruplex

    Located in Los Angeles, this property features four remodeled units. Each unit was updated in 2023 with recessed lighting, mini split AC/heat units, new plumbing and electrical systems, security cameras, gated access with motion-activated lighting, fencing and iron work, solid wood cabinets, and mirrored wardrobes. A coin-operated laundry area serves three of the units, while the main house includes its own laundry room. The main house is detached and features refinished hardwood floors, handicap accessibility, a formal living room, dining room, nook area, three bedrooms, and bathrooms with a walk-in closet. The property has been restored to preserve its original charm while incorporating modern touches. The property is zoned LAR2. The lot size is 0.1147842056932966 acres and the property size is 3549 square feet. The property is intended for use as a residential income property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    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
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.19443
    Latitude
    34.02268

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    FAQs

    What type of property is this?
    Quadplex - Four remodeled units with modern amenities and income potential.
    Where is this quadplex located?
    The property is located at 1003 Calzona St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,399,999.
    What are key features of this property?
    This property features: - High Income Potential: Fully occupied, generating $9,050 monthly.; - Remodeled Units: All four units updated in 2023 with modern amenities.; - Detached Main House: Showcasing refinished hardwood floors and spacious living areas with handicap accessibility.
    (909) 525-8977
    Request Owner's contact information
    1003 Calzona St Los Angeles, CA 90023
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    Los Angeles, CA 90023
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    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
    1003 Calzona St Los Angeles, CA 90023
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    We can help!
    Listing Contact
    Cody Reiter
    Real Estate License ID: 01974217
    (909) 525-8977
    Learn more
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