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829 W 56th, Los Angeles, CA 90037

Los Angeles, CA

Property Size326 SF
Lot Size0.12 Acres
Price / SF$5.67
Days on Market3

Property Features for 829 W 56th

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Kitchen, Bedroom 1, Bathroom 1
Parking features Assigned
Appliances Refrigerator, Gas Range
Lot features Paved
Elementary school district Los Angeles Unified
Middle school district Los Angeles Unified
High school district Los Angeles Unified
Directions Slauson and Hoover.
Subdivision C34 - Los Angeles Southwest
Standard status Active
APN 5001010023
Size 326 SF
Lot size 0.12 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1922
Floors in Building 1
Number of units 2
Listing Agency: Keller Williams SELA · Keller Williams Realty
Listed By: Delia Cota · License #02006199
Added: Oct 21 Changed: Oct 22 Last Checked: Oct 23 at 8:06PM
MLS# DW26228019

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.

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Investment Insights

Based on property information with market context.

This residential income property dates to 1922 and includes a one-bedroom, one-bath layout with a kitchen. The residence measures 326 square feet, and the parcel encompasses 0.1176 acres. A refrigerator and gas range are included, along with one assigned parking space.

Public water and public sewer serve the property. The location is near the 110 Freeway, with access to Downtown Los Angeles, USC, and Exposition Park.

Key Highlights

  • One‑bedroom, one‑bath residence
  • 326 square feet of property size on a 0.1176‑acre lot
  • Built in 1922

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$4,841
Suggested Prices Based on Cap Rates
Cap Rate 5%
$96,820 $96.8K
Cap Rate 7%
$69,157 $69.2K
Cap Rate 9%
$53,789 $53.8K
Market Conditions
NOI Build-Up for 326 SF
Gross rent
$8.9K $27.19/SF
− Vacancy
−$62 −$0.19/SF
EGI
$8.8K $27.00/SF
− OpEx
−$4.0K −$12.15/SF
NOI
$4.8K $14.85/SF
Area
ZIP 90037
Vacancy
0.70%
Lease Rate
$27.19 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$96,820
Cap Rate 7%
$69,157
Cap Rate 9%
$53,789

Alternative Uses

Best Use
Apartment 5plus
$69.2K
$60.5K – $80.7K (±1% cap)
NOI $4,841 @ 7.0% cap · market cap 261.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$127.7K
$111.8K – $149.0K (±1% cap)
NOI $8,942 @ 7.0% cap · market cap 483.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,586
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - A one-bedroom, one-bath residence includes an assigned parking space and a kitchen equipped with a refrigerator and gas range.
Where is this residential income property located?
The property is located at 829 W 56th Los Angeles, CA.
What are key features of this property?
This property features: One‑bedroom, one‑bath residence; 326 square feet of property size on a 0.1176‑acre lot; Built in 1922
More about this property
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