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Gated Duplex with Central Air
For Sale
$1,299,000

314 W 56th, Los Angeles, CA 90037

MULTI_FAMILY - Los Angeles, CA

Property Size3,686 SF
Lot Size0.13 Acres
Price / SF$352.41
Days on Market145

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 7, Bathroom 6, Bedroom 3, Bedroom 5, Bedroom 8, Laundry Room, Bathroom 3, Bedroom 1, Bedroom 10, Bedroom 9, Bathroom 2, Bathroom 4, Bedroom 6, Bathroom 5, Bedroom 4, Bedroom 2, Bathroom 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

Building Details

Year built 2013
Floors in Building 2
Number of units 2
Listing Agency: BHHS CA Properties · Berkshire Hathaway HomeServices
Listed By: Sharlene Ramsingh · License #01791049
Added: Mar 25 Changed: Aug 16 Last Checked: Aug 16 at 8:06AM
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.

This gated duplex was built in 2013 and offers two spacious units. Each unit features five bedrooms and three bathrooms, along with central air for year-round comfort. The building includes a fireplace and is set up with separate meters for gas, electricity, and trash, helping simplify utility management.

The property includes public water service and a garage. It’s located at 314 W 56th in Los Angeles (90037) with easy access to the freeway and downtown Los Angeles.

With a lot size of 0.1347 acres and 3,686 square feet of total property size, this two-unit setup supports a straightforward live-in-and-lease arrangement.

Key Highlights

  • Built in 2013 gated duplex with central air and a fireplace
  • Two units, each with five bedrooms and three bathrooms
  • Separate meters for gas, electricity, and trash

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 (±1% cap)
NOI $61,584 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$781.9K
$684.2K – $912.3K (±1% cap)
NOI $54,736 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$1.44M
$1.26M – $1.69M (±1% cap)
NOI $101,102 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Acupuncture Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,915
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Gated duplex built in 2013 with central air, separate utilities, and a garage for each unit.
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: Built in 2013 gated duplex with central air and a fireplace; Two units, each with five bedrooms and three bathrooms; Separate meters for gas, electricity, and trash
More about this property
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