Detached Duplex with
For Sale
$860,000
302 W 107th Street, Los Angeles, CA 90003
Two separate homes occupy a corner parcel, with updated roofs and sewer lines and a detached garage.
Property Size1,914 SF
Lot Size0.14 Acres
Days on Market95
Property Features for 302 W 107th Street
General Information
Standard status
Active
Size
1,914 SF
Total Parking Spaces
2
Lot size
0.14 Acres
Property subtype
Duplex
Zoning
C2
Land
Entitled
Yes
Buildable Units
23
Building Details
Building Size
1,914 SF
Year Built
1940
Listing Agency:
HOME TEAM REALTY
Listed By:
Susan Stanley · License #01245496
(310) 729-1954
Source:
Truthrealty
Added: Jun 1
Changed: Sep 3
Last Checked: Sep 3 at 2:23AM
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 HOME TEAM REALTY
Investment Insights
Based on property information with market context.
This duplex consists of two detached single-family residences on a corner lot. One home includes 3 bedrooms and 1 full bath, while the second offers 2 bedrooms and 1 full bath. A detached 2-car garage provides additional on-site utility. The roofs and sewer lines have been replaced, and the property recently passed city inspection.
The 6,160 SF parcel is located at 302 W 107th Street in Los Angeles, within South LA, and carries C2 zoning. The property information also identifies potential for future development of up to 23 units using city entitlements; buyers and their brokers should independently verify applicable requirements and possibilities.
The 6,160 SF parcel is located at 302 W 107th Street in Los Angeles, within South LA, and carries C2 zoning. The property information also identifies potential for future development of up to 23 units using city entitlements; buyers and their brokers should independently verify applicable requirements and possibilities.
Key Highlights
- Two detached homes configured as a duplex
- Unit mix includes 3 bedrooms and 1 full bath plus 2 bedrooms and 1 full bath
- Detached 2‑car garage
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
$43,329
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
5.04%
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%
$866,580
$866.6K
Cap Rate 7%
$618,986
$619.0K
Cap Rate 9%
$481,433
$481.4K
Market Conditions
NOI Build-Up for 1,914 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
$63.2K $33.00/SF
− Vacancy
−$1.3K −$0.66/SF
EGI
$61.9K $32.34/SF
− OpEx
−$18.6K −$9.70/SF
NOI
$43.3K $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 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%
$866,580
Cap Rate 7%
$618,986
Cap Rate 9%
$481,433
Alternative Uses
Best Use
Apartment 5plus
$33.84M
$29.61M – $39.48M
NOI $2,368,678 @ 7.0% cap · market cap 275.43%
Second Best
Multifamily LT 5
$619.0K
$541.6K – $722.2K
NOI $43,329 @ 7.0% cap · market cap 5.04%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
811
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two separate homes occupy a corner parcel, with updated roofs and sewer lines and a detached garage.
Where is this duplex located?
The property is located at 302 W 107th Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $860,000.
What are key features of this property?
This property features: Two detached homes configured as a duplex; Unit mix includes 3 bedrooms and 1 full bath plus 2 bedrooms and 1 full bath; Detached 2‑car garage
