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Triplex with RD1.5 Zoning
For Sale
$594,900

7833 Crocker, Los Angeles, CA 90003

Los Angeles, CA

Property Size2,008 SF
Lot Size0.14 Acres
Price / SF$296.26
Days on Market27

Property Features for 7833 Crocker

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bathroom 1, Bedroom 4, Laundry Room, Bedroom 3, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2
Parking 2
Lot features 2-5 Units/ Acre
View City
Elementary school district Los Angeles Unified
Middle school district Los Angeles Unified
High school district Los Angeles Unified
Directions Use GPS
Subdivision C34 - Los Angeles Southwest
Special listing conditions Probate Listing
Standard status Active
APN 6022027029
Size 2,008 SF
Lot size 0.14 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1926
Floors in Building 1
Number of units 3
Listing Agency: EINSTEIN REALTY
Listed By: ADRIAN MENESES · License #02147454
Added: Aug 10 Changed: Sep 4 Last Checked: Sep 5 at 1:06AM
MLS# IV26194023

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.

Located at 7833 Crocker St in Los Angeles, this triplex contains three separate living spaces totaling approximately 2,008 square feet. The unit mix includes two 2-bedroom, 1-bath residences and one 1-bedroom, 1-bath residence, with five bedrooms and three bathrooms overall. Built in 1926, the property sits on approximately 0.141 acres, or a 6,138-square-foot lot.

The property is served by public water and public sewer and is zoned RD1.5. Its South Los Angeles location provides access to Downtown Los Angeles, SoFi Stadium, and major employment, transportation, shopping, dining, and entertainment corridors. The configuration supports separate residential occupancy across all three units, subject to applicable requirements and buyer verification.

Key Highlights

  • Three separate living spaces totaling approximately 2,008 square feet
  • Unit mix includes two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
  • Approximately 0.141‑acre lot, equivalent to 6,138 square feet

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
$45,457
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
7.64%
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%
$909,140 $909.1K
Cap Rate 7%
$649,386 $649.4K
Cap Rate 9%
$505,078 $505.1K
Market Conditions
NOI Build-Up for 2,008 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
$66.3K $33.00/SF
− Vacancy
−$1.3K −$0.66/SF
EGI
$64.9K $32.34/SF
− OpEx
−$19.5K −$9.70/SF
NOI
$45.5K $22.64/SF
Area
ZIP 90003
Vacancy
2.00%
Lease Rate
$33.00 /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%
$909,140
Cap Rate 7%
$649,386
Cap Rate 9%
$505,078

Alternative Uses

Best Use
Apartment 5plus
$35.50M
$31.06M – $41.42M (±1% cap)
NOI $2,485,009 @ 7.0% cap · market cap 417.72%
Second Best
Multifamily LT 5
$649.4K
$568.2K – $757.6K (±1% cap)
NOI $45,457 @ 7.0% cap · market cap 7.64%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,486
Businesses Nearby

Demographics for 90003, CA

72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate residences provide a flexible multifamily configuration with public water and sewer service.
Where is this triplex located?
The property is located at 7833 Crocker Los Angeles, CA.
What is the asking price?
The asking price for this property is $594,900.
What are key features of this property?
This property features: Three separate living spaces totaling approximately 2,008 square feet; Unit mix includes two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; Approximately 0.141‑acre lot, equivalent to 6,138 square feet
More about this property
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