Remodeled Duplex with Vacant
For Sale
$1,099,000
4119 W 162nd Street, Lawndale, CA 90260
Lawndale, CA
Property Size2,015 SF
Lot Size0.12 Acres
Price / SF$545.41
Days on Market12
Property Features for 4119 W 162nd Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 5, Bedroom 2, Laundry Room, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 4, Bathroom 2
Parking
3
Parking features
Garage, Driveway
Lot features
Front Yard, Back Yard
Directions
Prairie Ave and 162nd St
Subdivision
113 - South Lawndale
Standard status
Active
APN
4074011023
Lot size
0.12 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Water source
Public
Amenities
laundry hookups
Building Details
Year built
1948
Floors in Building
1
Number of units
2
Listing Agency:
Vista Sotheby's International Realty
(310) 375-0583
Listed By:
Greg Thatcher · License #01843099
(424) 247-4880
Added: Aug 25
Changed: Sep 5
Last Checked: Sep 5 at 12:06PM
MLS# SB26192958
Copyright © 2026 California Regional Multiple Listing Service, Inc. 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 contains two vacant residences totaling approximately 2,015 square feet on a 5,344 square foot lot. The front home provides 2 bedrooms and 1 bathroom, received remodeling work in 2024, and has dedicated laundry hookups. The rear home includes 3 bedrooms and 2 bathrooms, was remodeled in 2022, and received copper plumbing in 2024. It also has laundry hookups and an attached one-car garage.
Built in 1948, the property has a roof replaced in 2016, wall-furnace heating, public water, and public sewer. The address is in Lawndale’s South Bay setting within Los Angeles County, with access to surrounding South Bay communities and major regional routes.
Built in 1948, the property has a roof replaced in 2016, wall-furnace heating, public water, and public sewer. The address is in Lawndale’s South Bay setting within Los Angeles County, with access to surrounding South Bay communities and major regional routes.
Key Highlights
- Two vacant residences totaling approximately 2,015 square feet
- 5,344 square foot lot in Lawndale, CA 90260
- Front residence: 2 bedrooms, 1 bathroom, remodeled in 2024
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
$35,189
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
3.20%
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%
$703,780
$703.8K
Cap Rate 7%
$502,700
$502.7K
Cap Rate 9%
$390,989
$391.0K
Market Conditions
NOI Build-Up for 2,015 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
$54.4K $27.00/SF
− Vacancy
−$4.1K −$2.05/SF
EGI
$50.3K $24.95/SF
− OpEx
−$15.1K −$7.48/SF
NOI
$35.2K $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 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%
$703,780
Cap Rate 7%
$502,700
Cap Rate 9%
$390,989
Alternative Uses
Best Use
Multifamily LT 5
$502.7K
$439.9K – $586.5K
NOI $35,189 @ 7.0% cap · market cap 3.20%
Second Best
Apartment 5plus
$463.2K
$405.3K – $540.4K
NOI $32,423 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$1.08M
$944.0K – $1.26M
NOI $75,518 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,159
Businesses Nearby
Explore this area
Business Placement
Demographics for 90260, CA
33,338
Population
10,787
Households
3.1
Avg Household Size
36
Median Age
23%
College-Educated
75%
High-School Grad
2.5 sq mi
ZIP Area
13,335
Density / Sq Mi
$86,736
Median Household Income
$38,183
Median Earnings
$1,877
Median Rent
$745,700
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 updated residences are delivered vacant, with separate laundry hookups and an attached garage serving the larger unit.
Where is this duplex located?
The property is located at 4119 W 162nd Street Lawndale, CA.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Two vacant residences totaling approximately 2,015 square feet; 5,344 square foot lot in Lawndale, CA 90260; Front residence: 2 bedrooms, 1 bathroom, remodeled in 2024
