Two-Unit Duplex with Separate
324 W 47th PL, Los Angeles, CA 90037
For Sale
New
$999,900
Two residences offer three-bedroom and two-bedroom layouts, with yards and on-site parking.
Property Size2,106 SF
Days on Market4
Property Features for 324 W 47th PL
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Amenities
garage
front and back yards
Building Details
Building Size
Year Built
Listing Agency:
Century 21 Allstars
Listed By:
Luis Martinez · License CA #01234365
(213) 480-7523
Source:
Jademillsestates
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 2:20PM
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 Century 21 Allstars
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Investment Insights
Based on property information with market context.
This duplex contains two residences on one lot. The front unit has three bedrooms and two bathrooms, plus an attached single-car garage. The rear unit offers two bedrooms and two bathrooms. The property was built in 1910.
A long driveway provides parking, and the lot includes front and rear yards. The property is in Los Angeles near the 110 freeway and a short drive from downtown Los Angeles.
A long driveway provides parking, and the lot includes front and rear yards. The property is in Los Angeles near the 110 freeway and a short drive from downtown Los Angeles.
Key Highlights
- Two residences on one lot
- Front residence: 3 bedrooms, 2 bathrooms, and an attached single‑car garage
- Rear residence: 2 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,186
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,720
$703.7K
Cap Rate 7%
$502,657
$502.7K
Cap Rate 9%
$390,956
$391.0K
Market Conditions
NOI Build-Up for 2,106 SF
Gross rent
$51.6K $24.48/SF
− Vacancy
−$1.3K −$0.61/SF
EGI
$50.3K $23.87/SF
− OpEx
−$15.1K −$7.16/SF
NOI
$35.2K $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%
$703,720
Cap Rate 7%
$502,657
Cap Rate 9%
$390,956
Alternative Uses
Best Use
Multifamily LT 5
$502.7K
$439.8K – $586.4K
NOI $35,186 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$446.8K
$390.9K – $521.2K
NOI $31,274 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$825.2K
$722.1K – $962.8K
NOI $57,765 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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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
$632,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Los Angeles, CA
Properties on Market for Duplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer three-bedroom and two-bedroom layouts, with yards and on-site parking.
Where is this duplex located?
The property is located at 324 W 47th PL Los Angeles, CA.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Two residences on one lot; Front residence: 3 bedrooms, 2 bathrooms, and an attached single‑car garage; Rear residence: 2 bedrooms and 2 bathrooms
