Six-Bedroom Duplex with Rear
For Sale
$839,000
Pending
323 W 47th, Los Angeles, CA 90037
Two residential units offer three-bedroom layouts, one bathroom per unit, and detached parking accessed from an alley.
Property Size1,925 SF
Days on Market204
Property Features for 323 W 47th
General Information
Standard status
Pending
Size
1,925 SF
Property subtype
MULTI_FAMILY
Site & Location
Neighborhood
South Los Angeles
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Building Details
Building Size
1,925 SF
Year Built
1989
Listing Agency:
Realty One Group Homelink
Listed By:
JUAN MORALES · License #01957823
(818) 257-6331
Source:
Milsteinestates
Added: Apr 9
Changed: Oct 27
Last Checked: Oct 28 at 3:13PM
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 Realty One Group Homelink
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Investment Insights
Based on property information with market context.
Located at 323 W 47th Place in Los Angeles, this 1,925-square-foot duplex contains two residential units, each arranged with 3 bedrooms and 1 bathroom. The property includes detached parking at the rear, with vehicle access provided through an alleyway.
The property is positioned near USC, Exposition Park, Banc of California Stadium, LA Memorial Coliseum, and the Natural History Museum. Downtown Los Angeles, the 110 and 10 freeways, Metro lines, and LA Live are also accessible from the property, placing multiple employment, entertainment, education, and transportation destinations within the surrounding area.
The property is positioned near USC, Exposition Park, Banc of California Stadium, LA Memorial Coliseum, and the Natural History Museum. Downtown Los Angeles, the 110 and 10 freeways, Metro lines, and LA Live are also accessible from the property, placing multiple employment, entertainment, education, and transportation destinations within the surrounding area.
Key Highlights
- 1,925‑square‑foot duplex with two residential units
- Each unit includes 3 bedrooms and 1 bathroom
- Detached parking spaces positioned behind the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,162
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$643,240
$643.2K
Cap Rate 7%
$459,457
$459.5K
Cap Rate 9%
$357,356
$357.4K
Market Conditions
NOI Build-Up for 1,925 SF
Gross rent
$47.1K $24.48/SF
− Vacancy
−$1.2K −$0.61/SF
EGI
$45.9K $23.87/SF
− OpEx
−$13.8K −$7.16/SF
NOI
$32.2K $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%
$643,240
Cap Rate 7%
$459,457
Cap Rate 9%
$357,356
Alternative Uses
Best Use
Multifamily LT 5
$459.5K
$402.0K – $536.0K
NOI $32,162 @ 7.0% cap · market cap 3.83%
Second Best
Apartment 5plus
$408.4K
$357.3K – $476.4K
NOI $28,586 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$754.3K
$660.0K – $880.0K
NOI $52,800 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,768
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
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer three-bedroom layouts, one bathroom per unit, and detached parking accessed from an alley.
Where is this duplex located?
The property is located at 323 W 47th Los Angeles, CA.
What is the asking price?
The asking price for this property is $839,000.
What are key features of this property?
This property features: 1,925‑square‑foot duplex with two residential units; Each unit includes 3 bedrooms and 1 bathroom; Detached parking spaces positioned behind the property
