Duplex with Permitted
5175 S Van Ness Ave, Los Angeles, CA 90062
For Sale
$665,000
Under Contract
Residential Income, Bungalow, Los Angeles, CA
Property Size1,564 SF
Lot Size0.10 Acres
Price / SF$425.19
Days on Market141
Property Features for 5175 S Van Ness Ave
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Window features
Interior features
Appliances
Lot features
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Utilities
Water source
Amenities
gated entry
courtyard
landscaping
Building Details
Year built
Floors in Building
Number of units
Flooring type
Roof type
Architectural style
Listing Agency:
Pacific Playa Realty · Keller Williams Realty
(310) 256-3040
Listed By:
Teresa Mack · License CA #01766118
(323) 377-9379
Added: Jun 22
Changed: Oct 29
Last Checked: Nov 9 at 4:06PM
MLS# 26847335
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,564-square-foot duplex on a 0.1037-acre corner lot contains two one-bedroom, one-bath residences and a permitted ADU created from a single-car space. The ADU has heat and air conditioning and has not been occupied. One residence has been renovated, with an open kitchen, center island, recessed lighting, dual-pane windows, and an updated bathroom. The other unit is tenant occupied. Gated driveway parking, a concrete courtyard, and perimeter hedges complete the property. Built in 1923, the property is zoned LAR1.
The Los Angeles property is near SoFi Stadium, Intuit Dome, Downtown Los Angeles, and USC, as well as transportation corridors, schools, parks, shopping, and dining.
The Los Angeles property is near SoFi Stadium, Intuit Dome, Downtown Los Angeles, and USC, as well as transportation corridors, schools, parks, shopping, and dining.
Key Highlights
- Two one‑bedroom, one‑bath residences plus a permitted ADU
- 1,564 square feet on a 0.1037‑acre corner lot
- Separate ADU has heat and air conditioning and is unoccupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,313
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$546,260
$546.3K
Cap Rate 7%
$390,186
$390.2K
Cap Rate 9%
$303,478
$303.5K
Market Conditions
NOI Build-Up for 1,564 SF
Gross rent
$42.2K $27.00/SF
− Vacancy
−$3.2K −$2.05/SF
EGI
$39.0K $24.95/SF
− OpEx
−$11.7K −$7.48/SF
NOI
$27.3K $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 Rate 5%
$546,260
Cap Rate 7%
$390,186
Cap Rate 9%
$303,478
Alternative Uses
Best Use
Multifamily LT 5
$390.2K
$341.4K – $455.2K
NOI $27,313 @ 7.0% cap · market cap 4.11%
Second Best
Apartment 5plus
$359.5K
$314.6K – $419.4K
NOI $25,166 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$653.0K
$571.4K – $761.8K
NOI $45,709 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,319
Businesses Nearby
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Business Placement
Demographics for 90062, CA
32,524
Population
10,060
Households
3.2
Avg Household Size
36
Median Age
17%
College-Educated
65%
High-School Grad
1.9 sq mi
ZIP Area
17,118
Density / Sq Mi
$63,652
Median Household Income
$35,911
Median Earnings
$1,473
Median Rent
$672,700
Median Home Value
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Market
Average Price Trend$/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 - A separate, permitted ADU offers additional rental or living space alongside the two primary residences.
Where is this duplex located?
The property is located at 5175 S Van Ness Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: Two one‑bedroom, one‑bath residences plus a permitted ADU; 1,564 square feet on a 0.1037‑acre corner lot; Separate ADU has heat and air conditioning and is unoccupied
