Duplex With Detached
For Sale
$549,000
330 W 56TH ST, Los Angeles, CA 90037
Residential Income, LOS ANGELES, CA
Property Size1,456 SF
Lot Size0.12 Acres
Price / SF$377.06
Days on Market80
Property Features for 330 W 56TH ST
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
Fencing
Fenced
Subdivision
South Los Angeles
Directions
Exit the 110 Freeway at Slauson Avenue. Head west on Slauson Avenue. Turn right onto South Figueroa Street. Turn left onto West 56th Street.
Standard status
Active
Size
1,456 SF
Lot size
0.12 Acres
Utilities
Water source
Public
Building Details
Year built
1923
Floors in Building
1
Roof type
Tile
Listing Agency:
exp Realty of Greater Los angeles
(562) 652-9291
Listed By:
Jonathan Hernandez · License #02108096
(888) 652-1314
Added: Jun 25
Changed: Sep 8
Last Checked: Sep 12 at 7:06PM
MLS# 11908824
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1923, this 1,456-square-foot duplex contains two 2-bedroom, 1-bath units on a 0.124-acre lot. The property has a recently installed tile roof, separate electric meters, and month-to-month tenants. A detached two-car garage and basement/storage area add functional support space, while public water serves the property.
The site is zoned LARD2 and is located at 330 W 56TH ST in Los Angeles. The property offers access to the 110 Freeway, Downtown Los Angeles, USC, Exposition Park, BMO Stadium, SoFi Stadium, shopping, dining, public transportation, and major employment centers. Zoning, development possibilities, ADU opportunities, allowable density, and future use should be independently verified with the City of Los Angeles.
The site is zoned LARD2 and is located at 330 W 56TH ST in Los Angeles. The property offers access to the 110 Freeway, Downtown Los Angeles, USC, Exposition Park, BMO Stadium, SoFi Stadium, shopping, dining, public transportation, and major employment centers. Zoning, development possibilities, ADU opportunities, allowable density, and future use should be independently verified with the City of Los Angeles.
Key Highlights
- Two 2‑bedroom, 1‑bath units
- 1,456 Square Feet on a 0.124‑acre lot
- LARD2 zoning in Los Angeles
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,326
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$486,520
$486.5K
Cap Rate 7%
$347,514
$347.5K
Cap Rate 9%
$270,289
$270.3K
Market Conditions
NOI Build-Up for 1,456 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$35.6K $24.48/SF
− Vacancy
−$891 −$0.61/SF
EGI
$34.8K $23.87/SF
− OpEx
−$10.4K −$7.16/SF
NOI
$24.3K $16.71/SF
Area
ZIP 90037
Vacancy
2.50%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$486,520
Cap Rate 7%
$347,514
Cap Rate 9%
$270,289
Alternative Uses
Best Use
Multifamily LT 5
$347.5K
$304.1K – $405.4K
NOI $24,326 @ 7.0% cap · market cap 4.43%
Second Best
Apartment 5plus
$308.9K
$270.3K – $360.4K
NOI $21,621 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$570.5K
$499.2K – $665.6K
NOI $39,936 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,915
Businesses Nearby
Explore this area
Business Placement
Demographics for 90037, CA
63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Income-producing duplex with two-bedroom units, separate electric meters, and month-to-month tenancy.
Where is this duplex located?
The property is located at 330 W 56TH ST Los Angeles, CA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units; 1,456 Square Feet on a 0.124‑acre lot; LARD2 zoning in Los Angeles
