Triplex Near Schools and
For Sale
$950,000
565 Margaret AVE, Los Angeles, CA 90022
Well-maintained triplex near schools, parks, and shopping.
Property Size2,162 SF
Days on Market183
Property Features for 565 Margaret AVE
General Information
Standard status
Active
Size
2,162 SF
Property subtype
MULTI_FAMILY
Building Details
Building Size
2,162 SF
Year Built
1925
Listing Agency:
Keystar Realty
Listed By:
Kea Luu · License #01170210
(626) 642-1800
Source:
Milsteinestates
Added: Mar 16
Changed: Sep 13
Last Checked: Sep 14 at 11:19AM
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 Keystar Realty
Investment Insights
Based on property information with market context.
This well-maintained triplex is conveniently located near schools, parks, and shopping. The property features three units, each with 2 bedrooms and 1 bathroom. The front building contains two units, each with 2 bedrooms and 1 bathroom. The back building is a single-family residence with 2 bedrooms, 1 bathroom, and a one-car attached garage. The property is located in a high-demand area. The bike score is 61, indicating it is bikeable. The walk score is 90, indicating it is very walkable, and the transit score is 59, indicating good transit.
Key Highlights
- Three units offer income potential, including a single‑family residence in back.
- High‑demand location near schools, parks, and shopping.
- Attached one‑car garage.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$49,579
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$991,580
$991.6K
Cap Rate 7%
$708,271
$708.3K
Cap Rate 9%
$550,878
$550.9K
Market Conditions
NOI Build-Up for 2,162 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$72.6K $33.60/SF
− Vacancy
−$1.8K −$0.84/SF
EGI
$70.8K $32.76/SF
− OpEx
−$21.2K −$9.83/SF
NOI
$49.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$991,580
Cap Rate 7%
$708,271
Cap Rate 9%
$550,878
Alternative Uses
Best Use
Multifamily LT 5
$708.3K
$619.7K – $826.3K
NOI $49,579 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$645.7K
$565.0K – $753.3K
NOI $45,200 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$880.9K
$770.8K – $1.03M
NOI $61,661 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,174
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained triplex near schools, parks, and shopping.
Where is this triplex located?
The property is located at 565 Margaret AVE Los Angeles, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Three units offer income potential, including a single‑family residence in back.; High‑demand location near schools, parks, and shopping.; Attached one‑car garage.
