Two-Home
1580 E 45th ST, Los Angeles, CA 90011
For Sale
$670,000
Two separate residences occupy one lot and include a garage with potential for future ADU conversion, subject to city verification.
Property Size1,210 SF
Days on Market96
Property Features for 1580 E 45th ST
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
Sell My Home Real Estate
Listed By:
Lucas Smith · License CA #01904757
(714) 759-9719
Source:
Milsteinestates
Added: Aug 6
Changed: Nov 9
Last Checked: Nov 8 at 3:19PM
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 Sell My Home Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex consists of two separate homes situated on one lot, along with a garage. Built in 1907, the property offers a flexible two-residence configuration for a range of ownership and occupancy arrangements. The garage has been identified as a possible ADU conversion opportunity, with any conversion subject to verification by the buyer with the City of Los Angeles.
The property is in Los Angeles, minutes from Downtown LA, with access to major freeways, shopping, dining, schools, and public transportation. Its central setting places multiple everyday services and transportation options within the surrounding area.
The property is in Los Angeles, minutes from Downtown LA, with access to major freeways, shopping, dining, schools, and public transportation. Its central setting places multiple everyday services and transportation options within the surrounding area.
Key Highlights
- Two separate homes located on one lot
- 1907 construction
- Garage with potential ADU conversion, subject to City of Los Angeles verification
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,131
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,620
$422.6K
Cap Rate 7%
$301,871
$301.9K
Cap Rate 9%
$234,789
$234.8K
Market Conditions
NOI Build-Up for 1,210 SF
Gross rent
$32.7K $27.00/SF
− Vacancy
−$2.5K −$2.05/SF
EGI
$30.2K $24.95/SF
− OpEx
−$9.1K −$7.48/SF
NOI
$21.1K $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%
$422,620
Cap Rate 7%
$301,871
Cap Rate 9%
$234,789
Alternative Uses
Best Use
Multifamily LT 5
$301.9K
$264.1K – $352.2K
NOI $21,131 @ 7.0% cap · market cap 3.15%
Second Best
Apartment 5plus
$278.1K
$243.4K – $324.5K
NOI $19,470 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$493.0K
$431.4K – $575.2K
NOI $34,510 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,240
Businesses Nearby
Explore this area
Business Placement
Demographics for 90011, CA
102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - Two separate residences occupy one lot and include a garage with potential for future ADU conversion, subject to city verification.
Where is this duplex located?
The property is located at 1580 E 45th ST Los Angeles, CA.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: Two separate homes located on one lot; 1907 construction; Garage with potential ADU conversion, subject to City of Los Angeles verification
