Two-Unit Multifamily
For Sale
$900,000
3914 Wisconsin PL, Los Angeles, CA 90037
Two-unit multifamily income property in Los Angeles, suited for owner-occupants or investors seeking a small-scale rental setup.
Property Size2,384 SF
Days on Market107
Property Features for 3914 Wisconsin PL
General Information
Standard status
Active
Size
2,384 SF
Property subtype
MULTI_FAMILY
Additional Details
Multifamily Units
2
Building Details
Building Size
2,384 SF
Year Built
1911
Listing Agency:
Century 21 Allstars
Listed By:
Tony Pedroza · License #01126462
(562) 863-2121
Source:
Rochellemaize
Added: Jun 11
Changed: Sep 15
Last Checked: Sep 24 at 5:40PM
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
Investment Insights
Based on property information with market context.
This offering is a two-unit multifamily property configured as a duplex, providing separate housing units within a single asset. As a residential income property, it offers a straightforward operating structure for buyers looking to own a small portfolio of rental space rather than a larger complex.
The property is located at 3914 Wisconsin Place in Los Angeles, CA 90037. For tenants and owner-occupants, the residential address provides convenient access to local services and everyday needs typical of established urban neighborhoods.
From a buyer’s perspective, the two-unit layout can be attractive for those who want to manage multiple rental incomes under one ownership umbrella while maintaining a manageable scale. It may also suit an owner-occupant who prefers living in one unit while renting the other. Overall, this is a compact multifamily option built around a simple duplex structure, with the key consideration being the ability to operate, lease, and maintain two separate residential units in one property.
The property is located at 3914 Wisconsin Place in Los Angeles, CA 90037. For tenants and owner-occupants, the residential address provides convenient access to local services and everyday needs typical of established urban neighborhoods.
From a buyer’s perspective, the two-unit layout can be attractive for those who want to manage multiple rental incomes under one ownership umbrella while maintaining a manageable scale. It may also suit an owner-occupant who prefers living in one unit while renting the other. Overall, this is a compact multifamily option built around a simple duplex structure, with the key consideration being the ability to operate, lease, and maintain two separate residential units in one property.
Key Highlights
- Two‑unit multifamily income property
- Multifamily setup suitable for owner‑occupants or investors seeking a small‑scale rental
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,831
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$796,620
$796.6K
Cap Rate 7%
$569,014
$569.0K
Cap Rate 9%
$442,567
$442.6K
Market Conditions
NOI Build-Up for 2,384 SF
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.
Gross rent
$58.4K $24.48/SF
− Vacancy
−$1.5K −$0.61/SF
EGI
$56.9K $23.87/SF
− OpEx
−$17.1K −$7.16/SF
NOI
$39.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$796,620
Cap Rate 7%
$569,014
Cap Rate 9%
$442,567
Alternative Uses
Best Use
Multifamily LT 5
$569.0K
$497.9K – $663.9K
NOI $39,831 @ 7.0% cap · market cap 4.43%
Second Best
Apartment 5plus
$505.7K
$442.5K – $590.0K
NOI $35,402 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$934.1K
$817.4K – $1.09M
NOI $65,390 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,445
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit multifamily income property in Los Angeles, suited for owner-occupants or investors seeking a small-scale rental setup.
Where is this duplex located?
The property is located at 3914 Wisconsin PL Los Angeles, CA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Two‑unit multifamily income property; Multifamily setup suitable for owner‑occupants or investors seeking a small‑scale rental
