Duplex with Two Separate
For Sale
$875,000
233 W 42nd Unit 1, Los Angeles, CA 90037
Two residences offer a four-bedroom front unit and a three-bedroom rear unit.
Property Size2,044 SF
Days on Market25
Property Features for 233 W 42nd Unit 1
General Information
Standard status
Active
Size
2,044 SF
Property subtype
MULTI_FAMILY
Units
Unit Mix
1 x 4BR/2BA, 1 x 3BR/2BA
Multifamily Units
2
Building Details
Building Size
2,044 SF
Year Built
1906
Listing Agency:
Bestway Realty
Listed By:
Maribel Leon · License #02048601
Source:
Rochellemaize
Added: Sep 15
Changed: Oct 6
Last Checked: Oct 7 at 6:20PM
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 Bestway Realty
Investment Insights
Based on property information with market context.
This duplex contains two residences. The front unit has four bedrooms and two bathrooms, including a primary bedroom, while the rear unit has three bedrooms and two bathrooms. The property was built in 1906.
Showings are available by appointment.
Showings are available by appointment.
Key Highlights
- Two‑unit duplex
- Front residence: 4 bedrooms and 2 bathrooms, including a primary bedroom
- Rear residence: 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,150
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,000
$683.0K
Cap Rate 7%
$487,857
$487.9K
Cap Rate 9%
$379,444
$379.4K
Market Conditions
NOI Build-Up for 2,044 SF
Gross rent
$50.0K $24.48/SF
− Vacancy
−$1.3K −$0.61/SF
EGI
$48.8K $23.87/SF
− OpEx
−$14.6K −$7.16/SF
NOI
$34.2K $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 Rate 5%
$683,000
Cap Rate 7%
$487,857
Cap Rate 9%
$379,444
Alternative Uses
Best Use
Multifamily LT 5
$487.9K
$426.9K – $569.2K
NOI $34,150 @ 7.0% cap · market cap 3.90%
Second Best
Apartment 5plus
$433.6K
$379.4K – $505.9K
NOI $30,353 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$800.9K
$700.8K – $934.4K
NOI $56,064 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,693
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer a four-bedroom front unit and a three-bedroom rear unit.
Where is this duplex located?
The property is located at 233 W 42nd Unit 1 Los Angeles, CA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two‑unit duplex; Front residence: 4 bedrooms and 2 bathrooms, including a primary bedroom; Rear residence: 3 bedrooms and 2 bathrooms
