LARD2-Zoned Duplex
For Sale
$549,000
330 W 56TH ST, Los Angeles, CA 90037
Two-bedroom units with separate electric meters and month-to-month tenants provide an existing rental configuration.
Lot Size0.12 Acres
Days on Market8
Property Features for 330 W 56TH ST
General Information
Standard status
Active
Total Parking Spaces
2
Lot size
0.12 Acres
Property subtype
MULTI_FAMILY
Zoning
LARD2
Additional Details
Highway Access
Yes
Building Details
Building Size
1,456 SF
Year Built
1923
Buildings
2
Tenancy
Multi
Listing Agency:
eXp Realty of Greater L.A
(562) 652-9291
Listed By:
Jonathan Hernandez · License #02108096
Source:
Jademillsestates
Added: Jul 25
Changed: Jul 31
Last Checked: Jul 31 at 10:14AM
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 eXp Realty of Greater L.A
Investment Insights
Based on property information with market context.
This duplex property includes two 2-bedroom, 1-bath units on a 5,400 sq. ft. LARD2-zoned lot. The units have separate electric meters and month-to-month tenants. A brand-new roof was installed less than one year ago, and the property also includes a detached two-car garage and a basement/storage area. The building was constructed in 1923.
The property is located at 330 W 56TH ST in Los Angeles, with access to the 110 Freeway, Downtown Los Angeles, USC, Exposition Park, BMO Stadium, SoFi Stadium, shopping, dining, public transportation, and major employment centers. Buyers are encouraged to independently verify zoning, development possibilities, ADU opportunities, allowable density, and future use with the City of Los Angeles.
The property is located at 330 W 56TH ST in Los Angeles, with access to the 110 Freeway, Downtown Los Angeles, USC, Exposition Park, BMO Stadium, SoFi Stadium, shopping, dining, public transportation, and major employment centers. Buyers are encouraged to independently verify zoning, development possibilities, ADU opportunities, allowable density, and future use with the City of Los Angeles.
Key Highlights
- LARD2‑zoned 5,400 sq. ft. lot in Los Angeles
- Two 2‑bedroom, 1‑bath units with month‑to‑month tenants
- Brand‑new roof installed less than one year ago
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.6k | $24.48 |
| − Vacancy | −$891 | −$0.61 |
| EGI | $34.8k | $23.87 |
| − OpEx | −$10.4k | −$7.16 |
| NOI | $24.3k | $16.71 |
1,456 SF · lease $24.48/SF/yr · vacancy 2.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$347.5K
$304.1K – $405.4K
NOI $24,326 @ 7.0% cap · market cap 4.43%
Second Best
Apartment 5plus
$308.9K
$270.3K – $360.4K
NOI $21,621 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$570.5K
$499.2K – $665.6K
NOI $39,936 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,418
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 - Two-bedroom units with separate electric meters and month-to-month tenants provide an existing rental configuration.
Where is this duplex located?
The property is located at 330 W 56TH ST Los Angeles, CA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: LARD2‑zoned 5,400 sq. ft. lot in Los Angeles; Two 2‑bedroom, 1‑bath units with month‑to‑month tenants; Brand‑new roof installed less than one year ago
