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Two-Unit Duplex with Separate Meters
For Sale
$750,000

4512 S Figueroa, Los Angeles, CA 90037

Tenant-occupied duplex with driveway parking and separate gas and electric metering for each residence.

Property Size2,205 SF
Lot Size0.16 Acres
Price / SF$340.14
Days on Market70

Property Features for 4512 S Figueroa

General Information

Standard status Active
Size 2,205 SF
Lot size 0.16 Acres
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Vermont Square
Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Additional Details

Multifamily Units 2

Building Details

Building Size 2,205 SF
Year Built 1916
Buildings 1
Listing Agency: Realty One Group West
Listed By: Raul Gomez Garcia · License #01778693
Source: Jademillsestates
Added: Aug 24 Changed: Oct 31 Last Checked: Oct 30 at 11:19PM

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 Realty One Group West

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Investment Insights

Based on property information with market context.

This 1916 duplex contains two residential units within one structure, offering approximately 2,205 square feet of living area on a 6,760-square-foot lot. Each residence has its own gas and electric meters, and the property includes driveway parking. The building is being delivered with tenants in place.

The property is located in South Los Angeles near schools, shopping, public transportation, major freeways, and Downtown Los Angeles. Its two-unit configuration supports rental use or an owner-occupancy arrangement with the second residence leased separately.

Key Highlights

  • Two‑unit duplex built in 1916
  • Approximately 2,205 square feet of living space
  • 6,760‑square‑foot lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,840
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$736,800 $736.8K
Cap Rate 7%
$526,286 $526.3K
Cap Rate 9%
$409,333 $409.3K
Market Conditions
NOI Build-Up for 2,205 SF
Gross rent
$54.0K $24.48/SF
− Vacancy
−$1.3K −$0.61/SF
EGI
$52.6K $23.87/SF
− OpEx
−$15.8K −$7.16/SF
NOI
$36.8K $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 Rate 5%
$736,800
Cap Rate 7%
$526,286
Cap Rate 9%
$409,333

Alternative Uses

Best Use
Multifamily LT 5
$526.3K
$460.5K – $614.0K (±1% cap)
NOI $36,840 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$467.8K
$409.3K – $545.7K (±1% cap)
NOI $32,744 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$864.0K
$756.0K – $1.01M (±1% cap)
NOI $60,480 @ 7.0% cap · market cap 8.06%
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
Open Analytics

Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,718
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 - Tenant-occupied duplex with driveway parking and separate gas and electric metering for each residence.
Where is this duplex located?
The property is located at 4512 S Figueroa Los Angeles, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1916; Approximately 2,205 square feet of living space; 6,760‑square‑foot lot
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