Remodeled Two-Unit
For Sale
$999,000
1225 W 41st 1227, Los Angeles, CA 90037
Two updated residences include a five-bedroom lower unit and a two-bedroom upper unit.
Property Size2,870 SF
Days on Market132
Property Features for 1225 W 41st 1227
General Information
Standard status
Active
Size
2,870 SF
Property subtype
Duplex
Units
Unit Mix
1 x 5BR/4BA, 1 x 2BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Building Size
2,870 SF
Year Built
1912
Listing Agency:
Won Suk Kim Real Estate, Inc.
Listed By:
Ixbalanque Garcia · License #02035537
(562) 474-1722
Source:
Archetyperealty
Added: Apr 25
Changed: Aug 31
Last Checked: Sep 2 at 12:10AM
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 Won Suk Kim Real Estate, Inc.
Investment Insights
Based on property information with market context.
Built in 1912, this duplex contains two remodeled residences with distinct layouts. The lower unit offers 5 bedrooms and 4 bathrooms, while the upper unit provides 2 bedrooms and 2 bathrooms. Both homes feature refreshed interiors, updated kitchens and baths, and living areas configured for everyday comfort. The property is currently leased at market rates, supporting an income-producing ownership profile.
Located in central Los Angeles, the property provides access to major freeways, schools, shopping, and local amenities. The two-unit configuration also accommodates an owner-occupant arrangement with a separate additional residence, as described by the available layout and tenancy information.
Located in central Los Angeles, the property provides access to major freeways, schools, shopping, and local amenities. The two-unit configuration also accommodates an owner-occupant arrangement with a separate additional residence, as described by the available layout and tenancy information.
Key Highlights
- Duplex with 5‑bedroom, 4‑bath lower unit
- Upper residence includes 2 bedrooms and 2 bathrooms
- Both units have been remodeled with updated kitchens and baths
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
$47,951
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
4.80%
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%
$959,020
$959.0K
Cap Rate 7%
$685,014
$685.0K
Cap Rate 9%
$532,789
$532.8K
Market Conditions
NOI Build-Up for 2,870 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
$70.3K $24.48/SF
− Vacancy
−$1.8K −$0.61/SF
EGI
$68.5K $23.87/SF
− OpEx
−$20.6K −$7.16/SF
NOI
$48.0K $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%
$959,020
Cap Rate 7%
$685,014
Cap Rate 9%
$532,789
Alternative Uses
Best Use
Multifamily LT 5
$685.0K
$599.4K – $799.2K
NOI $47,951 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$608.8K
$532.7K – $710.3K
NOI $42,619 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$1.12M
$984.0K – $1.31M
NOI $78,720 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,588
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
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 - Two updated residences include a five-bedroom lower unit and a two-bedroom upper unit.
Where is this duplex located?
The property is located at 1225 W 41st 1227 Los Angeles, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Duplex with 5‑bedroom, 4‑bath lower unit; Upper residence includes 2 bedrooms and 2 bathrooms; Both units have been remodeled with updated kitchens and baths
