Duplex with
For Sale
$1,099,000
731 Belden Avenue, Los Angeles, CA 90022
MULTI_FAMILY - Los Angeles, CA
Property Size2,452 SF
Lot Size0.15 Acres
Price / SF$448.21
Days on Market538
Property Features for 731 Belden Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 6, Laundry Room, Bedroom 3, Bathroom 4, Bathroom 3, Bedroom 4, Bathroom 2, Kitchen, Bedroom 5
Parking
2
Fencing
Barbed Wire
Fireplace
1
Lot features
2-5 Units/ Acre
Directions
coming from the fwy 5 go east on the 60 freeway pass freeway 710 turn right at wittier left on Hubbard and right on Belden ri
Subdivision
699 - Not Defined
Standard status
Active
APN
6341036016
Lot size
0.15 Acres
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1924
Floors in Building
2
Number of units
2
Listing Agency:
Century 21 Plaza · Century 21 Real Estate
(818) 892-9314
Listed By:
Arturo Fuentes · License #01504159
(818) 371-4206
Added: Feb 24, 2025
Changed: Aug 11
Last Checked: Aug 16 at 5:06PM
MLS# SR25034759
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Well-maintained duplex property at 731 Belden Avenue, Los Angeles, CA 90022. The home totals 2,452 square feet and sits on a 6,631 square foot lot, with two separate buildings on the same fenced property. The layout provides 6 bedrooms and 4 bathrooms total, including a main house with 4 bedrooms and 3 bathrooms and a front house with 2 bedrooms and 1 bathroom. A fireplace is included.
The property has barbed wire fencing and ample parking available inside the fenced area. Utilities include cable availability, with public water and public sewer connected.
Built in 1924, the duplex offers a straightforward two-building configuration for tenants seeking separate living spaces while sharing the overall parcel.
The property has barbed wire fencing and ample parking available inside the fenced area. Utilities include cable availability, with public water and public sewer connected.
Built in 1924, the duplex offers a straightforward two-building configuration for tenants seeking separate living spaces while sharing the overall parcel.
Key Highlights
- 2,452 SF duplex on 6,631 SF lot
- Two separate buildings with 6 bedrooms and 4 bathrooms
- Main house has 4 bedrooms and 3 bathrooms; front house has 2 bedrooms and 1 bathroom
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
$56,229
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
5.12%
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%
$1,124,580
$1.1M
Cap Rate 7%
$803,271
$803.3K
Cap Rate 9%
$624,767
$624.8K
Market Conditions
NOI Build-Up for 2,452 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
$82.4K $33.60/SF
− Vacancy
−$2.1K −$0.84/SF
EGI
$80.3K $32.76/SF
− OpEx
−$24.1K −$9.83/SF
NOI
$56.2K $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%
$1,124,580
Cap Rate 7%
$803,271
Cap Rate 9%
$624,767
Alternative Uses
Best Use
Multifamily LT 5
$803.3K
$702.9K – $937.2K
NOI $56,229 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$732.3K
$640.8K – $854.4K
NOI $51,263 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$999.0K
$874.2K – $1.17M
NOI $69,932 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,170
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with a fireplace, two buildings, and ample parking inside a fenced lot.
Where is this duplex located?
The property is located at 731 Belden Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: 2,452 SF duplex on 6,631 SF lot; Two separate buildings with 6 bedrooms and 4 bathrooms; Main house has 4 bedrooms and 3 bathrooms; front house has 2 bedrooms and 1 bathroom
