Vacant Legal
536 W 42nd St, Los Angeles, CA 90037
For Sale
$1,037,000
Both residences are available for occupancy or rental in a property recorded as a legal duplex.
Property Size1,983 SF
Days on Market160
Property Features for 536 W 42nd St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Beycome Brokerage Realty Inc.
Listed By:
Jeffrey Sklar · License CA #02075404
(702) 763-2222
Source:
Rochellemaize
Added: Jun 8
Changed: Nov 12
Last Checked: Nov 12 at 2:14PM
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 Beycome Brokerage Realty Inc.
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Investment Insights
Based on property information with market context.
This Los Angeles duplex is vacant and recorded as a legal two-unit property. Rehabilitation work included an additional 700 sqft of living area entered in city records. The building dates to 1908.
The property is within walking distance of USC, the California Science Center, the Star Wars museum, and BMO Stadium. Its two residences may be occupied separately or rented, according to the stated property configuration.
The property is within walking distance of USC, the California Science Center, the Star Wars museum, and BMO Stadium. Its two residences may be occupied separately or rented, according to the stated property configuration.
Key Highlights
- Legal duplex delivered vacant
- 700 sqft of living area added to city records
- Built in 1908
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,131
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,620
$662.6K
Cap Rate 7%
$473,300
$473.3K
Cap Rate 9%
$368,122
$368.1K
Market Conditions
NOI Build-Up for 1,983 SF
Gross rent
$48.5K $24.48/SF
− Vacancy
−$1.2K −$0.61/SF
EGI
$47.3K $23.87/SF
− OpEx
−$14.2K −$7.16/SF
NOI
$33.1K $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%
$662,620
Cap Rate 7%
$473,300
Cap Rate 9%
$368,122
Alternative Uses
Best Use
Multifamily LT 5
$473.3K
$414.1K – $552.2K
NOI $33,131 @ 7.0% cap · market cap 3.19%
Second Best
Apartment 5plus
$420.7K
$368.1K – $490.8K
NOI $29,447 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$777.0K
$679.9K – $906.5K
NOI $54,391 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,892
Businesses Nearby
Explore this area
Business Placement
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
$632,600
Median Home Value
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Market
Average Price Trend$/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 - Both residences are available for occupancy or rental in a property recorded as a legal duplex.
Where is this duplex located?
The property is located at 536 W 42nd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,037,000.
What are key features of this property?
This property features: Legal duplex delivered vacant; 700 sqft of living area added to city records; Built in 1908
