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Tenant-Occupied Duplex
For Sale
$750,000

4512 S Figueroa, Los Angeles, CA 90037

Los Angeles, CA

Property Size2,205 SF
Lot Size0.16 Acres
Price / SF$340.14
Days on Market69

Property Features for 4512 S Figueroa

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Kitchen, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Laundry Room
Parking features Covered, Carport, Driveway
Window features Double Pane Windows
Patio and Porch features Patio
Appliances 6 Burner Stove
Lot features 0-1 Unit/ Acre
Elementary school district Los Angeles Unified
Middle school district Los Angeles Unified
High school district Los Angeles Unified
Directions north on 10th Fwy, west on Vernon ave, south Figueroa st.
Subdivision 699 - Not Defined
Standard status Active
APN 5018034018
Size 2,205 SF
Lot size 0.16 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities gas, electricity

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1916
Floors in Building 2
Number of units 2
Flooring type Laminate
Architectural style Other
Buildings 1
Listing Agency: Realty One Group West
Listed By: Raul Gomez Garcia · License #01778693
Added: Aug 24 Changed: Oct 29 Last Checked: Oct 31 at 11:06PM
MLS# OC26185314

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.

Rey
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Investment Insights

Based on property information with market context.

This duplex contains two units within one structure, totaling 2,205 square feet of living space on a 6,760-square-foot lot. The property is delivered with tenants and includes separate gas and electric meters for each unit. Interior features include laminate flooring, electric heating, window or wall-unit cooling, kitchens, bedrooms, bathrooms, and a laundry room. A patio and covered driveway parking are also provided.

Located in Los Angeles, the property carries LAC2 zoning and was built in 1916. Public water and sewer serve the site, with natural gas available. The address offers access to schools, shopping, public transportation, major freeways, and Downtown Los Angeles, as identified in the property information.

Key Highlights

  • Two units in one structure with 2,205 square feet of living space
  • 6,760‑square‑foot lot with LAC2 zoning
  • Separate gas and electric meters for each unit

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
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Lease Details

2
Residential units
Yes
Highway access

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 - Two-unit property with separate gas and electric meters, driveway parking, and public water and sewer service.
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 units in one structure with 2,205 square feet of living space; 6,760‑square‑foot lot with LAC2 zoning; Separate gas and electric meters for each unit
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