Remodeled Triplex with Gated
New
For Sale
$925,000
712 W 54th, Los Angeles, CA 90037
Three-unit property with updated interiors, outdoor laundry, and a private backyard.
Property Size1,855 SF
Days on Market7
Property Features for 712 W 54th
General Information
Standard status
Active
Size
1,855 SF
Property subtype
MULTI_FAMILY
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units
3
Amenities
exterior laundry area
private backyard
gated lot
Building Details
Building Size
1,855 SF
Year Built
1912
Listing Agency:
EPLA Homes
(310) 739-8029
Listed By:
Carl Izbicki · License #01092798
Source:
Jademillsestates
Added: Aug 19
Changed: Aug 24
Last Checked: Aug 23 at 5:55AM
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 EPLA Homes
Investment Insights
Based on property information with market context.
This remodeled triplex at 712 W 54th in Los Angeles combines updated interior finishes with practical exterior improvements. The property includes approximately 1,050 sq ft of living space in the main residence, along with newer cabinets, an updated kitchen, granite counters, and newer tile flooring. An exterior laundry area, private backyard, concrete surfaces, and a fully gated lot with a wrought-iron entry add functional value. Built in 1912, the property is positioned near Fifty-Second Street Elementary, John Muir Middle School, and Augustus F. Hawkins High School. Access to I-110, I-10, and I-105 supports travel throughout Los Angeles, while nearby restaurants, grocery stores, shopping, hospitals, and recreational amenities serve daily needs. Walk Score is 77, Transit Score is 61, and Bike Score is 56.
Key Highlights
- Remodeled triplex with approximately 1,050 sq ft of living space in the main residence
- Newer cabinets, updated kitchen, granite counters, and newer tile flooring
- Fully gated lot with secure wrought‑iron entry and concrete throughout
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
$30,993
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
3.35%
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%
$619,860
$619.9K
Cap Rate 7%
$442,757
$442.8K
Cap Rate 9%
$344,367
$344.4K
Market Conditions
NOI Build-Up for 1,855 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
$45.4K $24.48/SF
− Vacancy
−$1.1K −$0.61/SF
EGI
$44.3K $23.87/SF
− OpEx
−$13.3K −$7.16/SF
NOI
$31.0K $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 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%
$619,860
Cap Rate 7%
$442,757
Cap Rate 9%
$344,367
Alternative Uses
Best Use
Multifamily LT 5
$442.8K
$387.4K – $516.6K
NOI $30,993 @ 7.0% cap · market cap 3.35%
Second Best
Apartment 5plus
$393.5K
$344.3K – $459.1K
NOI $27,546 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$726.9K
$636.0K – $848.0K
NOI $50,880 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,560
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property with updated interiors, outdoor laundry, and a private backyard.
Where is this triplex located?
The property is located at 712 W 54th Los Angeles, CA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Remodeled triplex with approximately 1,050 sq ft of living space in the main residence; Newer cabinets, updated kitchen, granite counters, and newer tile flooring; Fully gated lot with secure wrought‑iron entry and concrete throughout
