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Updated Duplex in Convenient Location
For Sale
$585,000

421 E 65th, Los Angeles, CA 90003

Spacious, updated 2-unit property near amenities and freeways.

Property Size1,537 SF
Lot Size0.12 Acres
Days on Market315

Property Features for 421 E 65th

General Information

Standard status Active
Size 1,537 SF
Lot size 0.12 Acres
Property subtype Other

Building Details

Building Size 1,537 SF
Year Built 1930
Units 2
Listed By: Diana Hernandez
Source: Elliman
Added: Nov 28, 2025 Changed: Sep 29 Last Checked: Oct 7 at 1:40PM

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 Diana Hernandez

Investment Insights

Based on property information with market context.

This well-maintained two-unit property is located near parks, schools, shopping centers, restaurants, employment opportunities, and major freeways. The front unit features 2 bedrooms and 2 bathrooms, including a master suite, and an attached 1-car garage. The detached back unit includes 2 bedrooms, 1 bathroom, an open kitchen with a center island, and laundry hookups. The property has been updated with PEX plumbing and a new electrical system. A long driveway provides ample parking for multiple vehicles.

Key Highlights

  • Two separate units offer flexibility for living in one and renting the other.
  • Updated PEX plumbing and new electrical system.
  • Front unit features a master suite and attached 1‑car garage.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,795
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$695,900 $695.9K
Cap Rate 7%
$497,071 $497.1K
Cap Rate 9%
$386,611 $386.6K
Market Conditions
NOI Build-Up for 1,537 SF
Gross rent
$50.7K $33.00/SF
− Vacancy
−$1.0K −$0.66/SF
EGI
$49.7K $32.34/SF
− OpEx
−$14.9K −$9.70/SF
NOI
$34.8K $22.64/SF
Area
ZIP 90003
Vacancy
2.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$695,900
Cap Rate 7%
$497,071
Cap Rate 9%
$386,611

Alternative Uses

Best Use
Apartment 5plus
$27.17M
$23.78M – $31.70M (±1% cap)
NOI $1,902,121 @ 7.0% cap · market cap 325.15%
Second Best
Multifamily LT 5
$497.1K
$434.9K – $579.9K (±1% cap)
NOI $34,795 @ 7.0% cap · market cap 5.95%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,812
Businesses Nearby

Demographics for 90003, CA

72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Spacious, updated 2-unit property near amenities and freeways.
Where is this duplex located?
The property is located at 421 E 65th Los Angeles, CA.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Two separate units offer flexibility for living in one and renting the other.; Updated PEX plumbing and new electrical system.; Front unit features a **master suite** and **attached 1‑car garage**.
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