Two-Unit Multifamily
For Sale
$1,299,000
314 W 56th, Los Angeles, CA 90037
Los Angeles, CA
Property Size3,686 SF
Lot Size0.13 Acres
Price / SF$352.41
Days on Market158
Property Features for 314 W 56th
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
10
Bathrooms
6
Full bathrooms
6
Rooms
Family Room, Bedroom 6, Bedroom 8, Bedroom 4, Bathroom 5, Bedroom 10, Bathroom 6, Bathroom 1, Bedroom 3, Bedroom 7, Bedroom 5, Bathroom 2, Bathroom 4, Laundry Room, Bedroom 9, Bedroom 2, Bathroom 3, Bedroom 1
Parking
3
Parking features
Garage
Fireplace
1
Lot features
0-1 Unit/ Acre
Elementary school district
Los Angeles Unified
Middle school district
Los Angeles Unified
High school district
Los Angeles Unified
Directions
exit slauson on 110fwy
Subdivision
C34 - Los Angeles Southwest
Standard status
Active
APN
5101038015
Size
3,686 SF
Lot size
0.13 Acres
Utilities
Cooling system
Central Air
Water source
Public
Amenities
gated
Building Details
Year built
2013
Floors in Building
2
Number of units
2
Listing Agency:
BHHS CA Properties · Berkshire Hathaway HomeServices
(714) 998-8810
Listed By:
Sharlene Ramsingh · License #01791049
(714) 887-9453
Added: Mar 25
Changed: Aug 24
Last Checked: Aug 29 at 8:06PM
MLS# PW26066084
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2013, this duplex contains two residential units, each configured with 5 bedrooms and 3 bathrooms. The 3,686-square-foot building includes central air, a fireplace, laundry space, and garage parking. Public water serves the property, while separate meters are provided for gas, electricity, and trash. A gated configuration adds a defined entry point for the two-unit building.
The property occupies 0.1347 acres in Los Angeles, with access to freeways and downtown Los Angeles. Its two-unit layout provides distinct residential spaces within one multifamily asset, supported by separate utility metering and on-site garage parking.
The property occupies 0.1347 acres in Los Angeles, with access to freeways and downtown Los Angeles. Its two-unit layout provides distinct residential spaces within one multifamily asset, supported by separate utility metering and on-site garage parking.
Key Highlights
- Two units, each with 5 bedrooms and 3 bathrooms
- 3,686 square feet on a 0.1347‑acre lot
- Built in 2013 with central air and a fireplace
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
$61,584
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
4.74%
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%
$1,231,680
$1.2M
Cap Rate 7%
$879,771
$879.8K
Cap Rate 9%
$684,267
$684.3K
Market Conditions
NOI Build-Up for 3,686 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
$90.2K $24.48/SF
− Vacancy
−$2.3K −$0.61/SF
EGI
$88.0K $23.87/SF
− OpEx
−$26.4K −$7.16/SF
NOI
$61.6K $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 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%
$1,231,680
Cap Rate 7%
$879,771
Cap Rate 9%
$684,267
Alternative Uses
Best Use
Multifamily LT 5
$879.8K
$769.8K – $1.03M
NOI $61,584 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$781.9K
$684.2K – $912.3K
NOI $54,736 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$1.44M
$1.26M – $1.69M
NOI $101,102 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,531
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Gated duplex with separate utility metering, central air, and garage parking in Los Angeles.
Where is this duplex located?
The property is located at 314 W 56th Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Two units, each with 5 bedrooms and 3 bathrooms; 3,686 square feet on a 0.1347‑acre lot; Built in 2013 with central air and a fireplace
