Duplex on LARD2 Lot with New
For Sale
$549,000
330 W 56TH ST, Los Angeles, CA 90037
MULTI_FAMILY - LOS ANGELES, CA
Property Size1,456 SF
Lot Size0.12 Acres
Price / SF$377.06
Days on Market36
Property Features for 330 W 56TH ST
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2
Fencing
Fenced
Subdivision
South Los Angeles
Directions
Exit the 110 Freeway at Slauson Avenue. Head west on Slauson Avenue. Turn right onto South Figueroa Street. Turn left onto West 56th Street.
Standard status
Active
Size
1,456 SF
Lot size
0.12 Acres
Utilities
Water source
Public
Building Details
Year built
1923
Floors in Building
1
Roof type
Tile
Listing Agency:
exp Realty of Greater Los angeles
(562) 652-9291
Listed By:
Jonathan Hernandez · License #02108096
(562) 652-9291
Added: Jun 25
Changed: Jul 30
Last Checked: Jul 30 at 6:06PM
MLS# 11908824
Copyright © 2026 My State MLS. 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 duplex at 330 W 56th St includes two 2-bedroom, 1-bath units with month-to-month tenants. The units have separate electric meters. The property features a detached two-car garage and a basement/storage area, providing additional utility and flexibility. Built in 1923, the home has a tile roof and is described as fenced. Public water is available.
The lot is 5,400 sq. ft. (0.124 acres) and is zoned LARD2, creating a development-focused angle for buyers who want to evaluate future options. The roof was installed less than one year ago, reducing a major near-term capital expense. The property has access to the 110 Freeway and is positioned for commuting to Downtown Los Angeles, USC, Exposition Park, BMO Stadium, and SoFi Stadium, with shopping, dining, public transportation, and employment centers nearby.
Buyers are encouraged to independently verify zoning, development possibilities, ADU opportunities, allowable density, and future use with the City of Los Angeles.
The lot is 5,400 sq. ft. (0.124 acres) and is zoned LARD2, creating a development-focused angle for buyers who want to evaluate future options. The roof was installed less than one year ago, reducing a major near-term capital expense. The property has access to the 110 Freeway and is positioned for commuting to Downtown Los Angeles, USC, Exposition Park, BMO Stadium, and SoFi Stadium, with shopping, dining, public transportation, and employment centers nearby.
Buyers are encouraged to independently verify zoning, development possibilities, ADU opportunities, allowable density, and future use with the City of Los Angeles.
Key Highlights
- 5,400 sq. ft. (0.124 acres) lot zoned LARD2
- Two 2‑bedroom, 1‑bath units with month‑to‑month tenants
- Separate electric meters for each unit
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
Property Profile
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex on a LARD2-zoned lot with a tile roof installed less than one year ago.
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: 5,400 sq. ft. (0.124 acres) lot zoned LARD2; Two 2‑bedroom, 1‑bath units with month‑to‑month tenants; Separate electric meters for each unit
