Two-Unit Duplex with Detached
505 Williamson, Los Angeles, CA 90022
For Sale
New
$869,000
Each residence includes two bedrooms, one bathroom, a private laundry room, and separate gas and electric meters.
Property Size1,553 SF
Days on Market7
Property Features for 505 Williamson
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Victor Trung Nguyen
Listed By:
Victor Nguyen · License #01865632
(714) 348-5250
Source:
Milsteinestates
Added: Nov 2
Changed: Nov 7
Last Checked: Nov 6 at 5:57PM
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 Victor Trung Nguyen
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Investment Insights
Based on property information with market context.
This duplex comprises two detached residences, each arranged with two bedrooms and one bathroom. Both homes have remodeled kitchens with new appliances, updated bathrooms, new flooring, doors, lighting and fixtures, fresh interior and exterior paint, and mini-split air conditioning. Each residence also has its own laundry room and separate gas and electric meters. A two-car garage is located on the property. Building, electrical, plumbing, and mechanical permits are in place for the work described.
The property is in East Los Angeles, with access to Downtown Los Angeles, major freeways, parks, schools, and local amenities.
The property is in East Los Angeles, with access to Downtown Los Angeles, major freeways, parks, schools, and local amenities.
Key Highlights
- Two detached residences on one lot
- Each home has 2 bedrooms and 1 bathroom
- Two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,613
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$712,260
$712.3K
Cap Rate 7%
$508,757
$508.8K
Cap Rate 9%
$395,700
$395.7K
Market Conditions
NOI Build-Up for 1,553 SF
Gross rent
$52.2K $33.60/SF
− Vacancy
−$1.3K −$0.84/SF
EGI
$50.9K $32.76/SF
− OpEx
−$15.3K −$9.83/SF
NOI
$35.6K $22.93/SF
Area
ZIP 90022
Vacancy
2.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$712,260
Cap Rate 7%
$508,757
Cap Rate 9%
$395,700
Alternative Uses
Best Use
Multifamily LT 5
$508.8K
$445.2K – $593.6K
NOI $35,613 @ 7.0% cap · market cap 4.10%
Second Best
Apartment 5plus
$463.8K
$405.9K – $541.1K
NOI $32,468 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$632.7K
$553.7K – $738.2K
NOI $44,292 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,155
Businesses Nearby
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Business Placement
Demographics for 90022, CA
64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
Median Home Value
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Market
Average Price Trend$/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 - Each residence includes two bedrooms, one bathroom, a private laundry room, and separate gas and electric meters.
Where is this duplex located?
The property is located at 505 Williamson Los Angeles, CA.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: Two detached residences on one lot; Each home has 2 bedrooms and 1 bathroom; Two‑car garage
