4-Unit Duplex
1216 E 78th St, Los Angeles, CA 90001
For Sale
Contact for pricing
Four vacant residences are arranged across two newly constructed buildings in Los Angeles.
Property Size6,800 SF
Lot Size0.13 Acres
Price / SF$338.24
Days on Market51
Property Features for 1216 E 78th St
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
tankless water heaters
200 amp electrical panels
drought-tolerant landscaping
smart irrigation systems
Building Details
Buildings
Stories
Listing Agency:
Peak Commercial
Listed By:
Edison Echeverry · License CA #01224344
(562) 644-4544
Source:
Crexi
Added: Sep 20
Changed: Oct 25
Last Checked: Nov 8 at 6:24AM
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 Peak Commercial
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Investment Insights
Based on property information with market context.
Two three-story duplex buildings contain four residences with approximately 6,800 square feet of building area on a 5,540-square-foot lot. The mix includes two 4-bedroom/4-bathroom units and two 4-bedroom/5-bathroom units; all are delivered vacant.
Each residence has a tankless water heater and a 200-amp electrical panel. The property also features drought-tolerant landscaping and smart irrigation systems, at 1216 E. 78th St in Los Angeles.
Each residence has a tankless water heater and a 200-amp electrical panel. The property also features drought-tolerant landscaping and smart irrigation systems, at 1216 E. 78th St in Los Angeles.
Key Highlights
- Four residential units across two newly constructed, three‑story duplex buildings
- Approximately 6,800 square feet of building area on a 5,540‑square‑foot lot
- Unit mix: two 4‑bedroom/4‑bathroom residences and two 4‑bedroom/5‑bathroom residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$118,752
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,375,040
$2.4M
Cap Rate 7%
$1,696,457
$1.7M
Cap Rate 9%
$1,319,467
$1.3M
Market Conditions
NOI Build-Up for 6,800 SF
Gross rent
$183.6K $27.00/SF
− Vacancy
−$14.0K −$2.05/SF
EGI
$169.6K $24.95/SF
− OpEx
−$50.9K −$7.48/SF
NOI
$118.8K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,375,040
Cap Rate 7%
$1,696,457
Cap Rate 9%
$1,319,467
Alternative Uses
Best Use
Multifamily LT 5
$1.70M
$1.48M – $1.98M
NOI $118,752 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$1.56M
$1.37M – $1.82M
NOI $109,417 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$2.84M
$2.48M – $3.31M
NOI $198,736 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
892
Businesses Nearby
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Business Placement
Demographics for 90001, CA
55,859
Population
13,998
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
49%
High-School Grad
3.3 sq mi
ZIP Area
16,927
Density / Sq Mi
$60,751
Median Household Income
$30,672
Median Earnings
$1,471
Median Rent
$513,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Los Angeles, CA
Properties on Market for Duplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Four vacant residences are arranged across two newly constructed buildings in Los Angeles.
Where is this duplex located?
The property is located at 1216 E 78th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Four residential units across two newly constructed, three‑story duplex buildings; Approximately 6,800 square feet of building area on a 5,540‑square‑foot lot; Unit mix: two 4‑bedroom/4‑bathroom residences and two 4‑bedroom/5‑bathroom residences
