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Duplex With Detached Garage
For Sale
$549,000

330 W 56TH ST, Los Angeles, CA 90037

Residential Income, LOS ANGELES, CA

Property Size1,456 SF
Lot Size0.12 Acres
Price / SF$377.06
Days on Market127

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 Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 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
Listed By: Jonathan Hernandez
Added: Jun 25 Changed: Oct 23 Last Checked: Oct 29 at 4:06PM
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.

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Investment Insights

Based on property information with market context.

Built in 1923, this 1,456-square-foot duplex contains two 2-bedroom, 1-bath units on a 0.124-acre lot. The property has a recently installed tile roof, separate electric meters, and month-to-month tenants. A detached two-car garage and basement/storage area add functional support space, while public water serves the property.

The site is zoned LARD2 and is located at 330 W 56TH ST in Los Angeles. The property offers access to the 110 Freeway, Downtown Los Angeles, USC, Exposition Park, BMO Stadium, SoFi Stadium, shopping, dining, public transportation, and major employment centers. Zoning, development possibilities, ADU opportunities, allowable density, and future use should be independently verified with the City of Los Angeles.

Key Highlights

  • Two 2‑bedroom, 1‑bath units
  • 1,456 Square Feet on a 0.124‑acre lot
  • LARD2 zoning in Los Angeles

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,326
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,520 $486.5K
Cap Rate 7%
$347,514 $347.5K
Cap Rate 9%
$270,289 $270.3K
Market Conditions
NOI Build-Up for 1,456 SF
Gross rent
$35.6K $24.48/SF
− Vacancy
−$891 −$0.61/SF
EGI
$34.8K $23.87/SF
− OpEx
−$10.4K −$7.16/SF
NOI
$24.3K $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%
$486,520
Cap Rate 7%
$347,514
Cap Rate 9%
$270,289

Alternative Uses

Best Use
Multifamily LT 5
$347.5K
$304.1K – $405.4K (±1% cap)
NOI $24,326 @ 7.0% cap · market cap 4.43%
Second Best
Apartment 5plus
$308.9K
$270.3K – $360.4K (±1% cap)
NOI $21,621 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$570.5K
$499.2K – $665.6K (±1% cap)
NOI $39,936 @ 7.0% cap · market cap 7.27%
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

1,915
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
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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Income-producing duplex with two-bedroom units, separate electric meters, and month-to-month tenancy.
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: Two 2‑bedroom, 1‑bath units; 1,456 Square Feet on a 0.124‑acre lot; LARD2 zoning in Los Angeles
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