Two-Unit Duplex with Granite
For Sale
$975,000
136 W 97th St, Los Angeles, CA 90003
Both residences feature granite counters, wood cabinetry, and tile finishes in the kitchens and bathrooms.
Property Size2,550 SF
Price / SF$382.35
Days on Market49
Property Features for 136 W 97th St
General Information
Standard status
Active
Size
2,550 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Broadway-Manchester
Units
Unit Mix
2 x 4BR/2BA
Multifamily Units
2
Building Details
Year Built
2008
Listed By:
Accardo Real Estate Associates - AREA
(310) 686-9361
Source:
Naylorproperties
Added: Sep 14
Changed: Oct 26
Last Checked: Oct 30 at 1:34PM
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 Accardo Real Estate Associates - AREA
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Investment Insights
Based on property information with market context.
Built in 2008, this duplex contains two separate residences totaling 2,550 square feet. Each unit offers four bedrooms and two bathrooms, creating a consistent layout across the property. Interior details include dual-pane vinyl windows, granite countertops, wood cabinetry throughout, and tile flooring in the kitchen and bathroom areas.
The property is located at 136 W 97th St in Los Angeles, California 90003. Its two-unit configuration provides a straightforward multifamily format, while the repeated bedroom, bathroom, and finish specifications create consistency between residences. The source information also identifies the property as income-producing and notes that no rent control applies.
The property is located at 136 W 97th St in Los Angeles, California 90003. Its two-unit configuration provides a straightforward multifamily format, while the repeated bedroom, bathroom, and finish specifications create consistency between residences. The source information also identifies the property as income-producing and notes that no rent control applies.
Key Highlights
- Two‑unit duplex with 2,550 square feet
- Each unit includes 4 bedrooms and 2 bathrooms
- Built in 2008
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,727
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,154,540
$1.2M
Cap Rate 7%
$824,671
$824.7K
Cap Rate 9%
$641,411
$641.4K
Market Conditions
NOI Build-Up for 2,550 SF
Gross rent
$84.2K $33.00/SF
− Vacancy
−$1.7K −$0.66/SF
EGI
$82.5K $32.34/SF
− OpEx
−$24.7K −$9.70/SF
NOI
$57.7K $22.64/SF
Area
ZIP 90003
Vacancy
2.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,154,540
Cap Rate 7%
$824,671
Cap Rate 9%
$641,411
Alternative Uses
Best Use
Apartment 5plus
$45.08M
$39.45M – $52.60M
NOI $3,155,763 @ 7.0% cap · market cap 323.67%
Second Best
Multifamily LT 5
$824.7K
$721.6K – $962.1K
NOI $57,727 @ 7.0% cap · market cap 5.92%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
994
Businesses Nearby
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Business Placement
Demographics for 90003, CA
72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature granite counters, wood cabinetry, and tile finishes in the kitchens and bathrooms.
Where is this duplex located?
The property is located at 136 W 97th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,550 square feet; Each unit includes 4 bedrooms and 2 bathrooms; Built in 2008
