Two-Unit Spanish-Style
401 Del Norte St, Los Angeles, CA 90065
For Sale
$899,999
The property pairs a three-bedroom residence with a separate studio, each with its own entrance and laundry.
Property Size1,504 SF
Price / SF$598.40
Days on Market47
Property Features for 401 Del Norte St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Listing Agency:
eXp Realty of California Inc
(888) 584-9427
Listed By:
Carlos Villegas · License CA #01775788
(661) 619-7335
Source:
Exprealty
Added: Sep 26
Changed: Oct 25
Last Checked: Nov 10 at 1:12PM
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 California Inc
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Investment Insights
Based on property information with market context.
This single-story duplex contains two residences: a three-bedroom, two-bath home and a studio with one bathroom. Each unit has a separate entrance, laundry, and private outdoor space. The property has two legal addresses, and both residences are vacant. Spanish-style architecture and a corner-lot setting complete the offering.
Built in 1924, the property sits in Mount Washington and has mountain and hillside views. Shops, restaurants, cafes, and entertainment in Highland Park and Eagle Rock are nearby, with access to Los Angeles amenities.
Built in 1924, the property sits in Mount Washington and has mountain and hillside views. Shops, restaurants, cafes, and entertainment in Highland Park and Eagle Rock are nearby, with access to Los Angeles amenities.
Key Highlights
- Two residences: a 3‑bedroom, 2‑bath home and a studio with 1 bathroom
- Separate entrances, laundry, and private outdoor space for each unit
- Two legal addresses; both residences are vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,265
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,300
$525.3K
Cap Rate 7%
$375,214
$375.2K
Cap Rate 9%
$291,833
$291.8K
Market Conditions
NOI Build-Up for 1,504 SF
Gross rent
$40.6K $27.00/SF
− Vacancy
−$3.1K −$2.05/SF
EGI
$37.5K $24.95/SF
− OpEx
−$11.3K −$7.48/SF
NOI
$26.3K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,300
Cap Rate 7%
$375,214
Cap Rate 9%
$291,833
Alternative Uses
Best Use
Multifamily LT 5
$375.2K
$328.3K – $437.8K
NOI $26,265 @ 7.0% cap · market cap 2.92%
Second Best
Apartment 5plus
$345.7K
$302.5K – $403.4K
NOI $24,201 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$627.9K
$549.5K – $732.6K
NOI $43,956 @ 7.0% cap · market cap 4.88%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
701
Businesses Nearby
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Business Placement
Demographics for 90065, CA
44,328
Population
17,197
Households
2.6
Avg Household Size
39
Median Age
40%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
8,060
Density / Sq Mi
$92,903
Median Household Income
$45,850
Median Earnings
$1,774
Median Rent
$1,043,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - The property pairs a three-bedroom residence with a separate studio, each with its own entrance and laundry.
Where is this duplex located?
The property is located at 401 Del Norte St Los Angeles, CA.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Two residences: a 3‑bedroom, 2‑bath home and a studio with 1 bathroom; Separate entrances, laundry, and private outdoor space for each unit; Two legal addresses; both residences are vacant
