Two-Unit
For Sale
$1,025,000
Pending
159 W 79th St, Los Angeles, CA 90003
Los Angeles multifamily property with ten bedrooms, six bathrooms, and a flexible two-unit residential layout.
Property Size3,724 SF
Lot Size0.15 Acres
Days on Market63
Property Features for 159 W 79th St
General Information
Standard status
Pending
Size
3,724 SF
Lot size
0.15 Acres
Property subtype
MULTI_FAMILY
Zoning
LAR2
Additional Details
Multifamily Units
2
Building Details
Building Size
3,724 SF
Year Built
2017
Listing Agency:
Keller Williams Hollywood Hills
Listed By:
Donny Adams · License #02178733
(323) 492-6756
Source:
Milsteinestates
Added: Aug 14
Changed: Oct 10
Last Checked: Oct 13 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 Keller Williams Hollywood Hills
Investment Insights
Based on property information with market context.
Constructed in 2017, this Los Angeles duplex contains two residential units with approximately 3,724 square feet of building area on a 6,436-square-foot lot. The property includes a total of 10 bedrooms and 6 bathrooms, providing a substantial residential configuration within a compact multifamily asset.
Located at 159 W 79th St, Los Angeles, CA 90003, the property carries LAR2 zoning. The zoning designation and existing two-unit layout support evaluation of residential income use and other housing-related applications, subject to applicable laws, licensing, and verification of permitted uses. Buyers should independently confirm suitability for any intended program or occupancy model.
Located at 159 W 79th St, Los Angeles, CA 90003, the property carries LAR2 zoning. The zoning designation and existing two-unit layout support evaluation of residential income use and other housing-related applications, subject to applicable laws, licensing, and verification of permitted uses. Buyers should independently confirm suitability for any intended program or occupancy model.
Key Highlights
- Two‑unit duplex built in 2017
- Approximately 3,724 sq. ft. of building area
- Situated on a 6,436 sq. ft. lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,304
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,686,080
$1.7M
Cap Rate 7%
$1,204,343
$1.2M
Cap Rate 9%
$936,711
$936.7K
Market Conditions
NOI Build-Up for 3,724 SF
Gross rent
$122.9K $33.00/SF
− Vacancy
−$2.5K −$0.66/SF
EGI
$120.4K $32.34/SF
− OpEx
−$36.1K −$9.70/SF
NOI
$84.3K $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%
$1,686,080
Cap Rate 7%
$1,204,343
Cap Rate 9%
$936,711
Alternative Uses
Best Use
Apartment 5plus
$65.84M
$57.61M – $76.81M
NOI $4,608,651 @ 7.0% cap · market cap 449.62%
Second Best
Multifamily LT 5
$1.20M
$1.05M – $1.41M
NOI $84,304 @ 7.0% cap · market cap 8.22%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,424
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Los Angeles multifamily property with ten bedrooms, six bathrooms, and a flexible two-unit residential layout.
Where is this duplex located?
The property is located at 159 W 79th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: Two‑unit duplex built in 2017; Approximately 3,724 sq. ft. of building area; Situated on a 6,436 sq. ft. lot
