2002 Duplex in Los
For Sale
$1,099,997
8410 S Grand, Los Angeles, CA 90003
Spacious duplex with modern construction, ideal for investors or owner-users.
Property Size2,780 SF
Days on Market193
Property Features for 8410 S Grand
General Information
Standard status
Active
Size
2,780 SF
Property subtype
Duplex
Building Details
Building Size
2,780 SF
Year Built
2002
Listing Agency:
Will Wheaton Real Estate
Listed By:
Willie Wheaton · License #01857540
(213) 445-2277
Source:
Archetyperealty
Added: Mar 23
Changed: Sep 25
Last Checked: Sep 30 at 3:30PM
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 Will Wheaton Real Estate
Investment Insights
Based on property information with market context.
This duplex, constructed in 2002, features two 3-bedroom, 2-bathroom units. Each unit includes a private garage and in-unit laundry. The property's modern construction suggests reduced maintenance requirements. The layouts are designed to be suitable for families or roommates. Located in Los Angeles, CA, the property is near major transportation corridors, shopping, and schools. The units offer ample living space. The property is suitable for an owner looking to occupy one unit while generating rental income from the other, or for an investor seeking a stable, cash-flowing asset in a high-demand South Los Angeles rental market. The 3-bedroom configuration may create strong rental demand and upside potential. Rents can be repositioned to market rates, offering income growth opportunities.
Key Highlights
- Excellent duplex built in 2002, offering modern construction and lower maintenance.
- Two spacious 3‑bedroom, 2‑bathroom units, each with a private garage and in‑unit laundry.
- Ideal for owner‑occupancy with rental income potential or for investors seeking a cash‑flowing asset.
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
$62,934
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
5.72%
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%
$1,258,680
$1.3M
Cap Rate 7%
$899,057
$899.1K
Cap Rate 9%
$699,267
$699.3K
Market Conditions
NOI Build-Up for 2,780 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
$91.7K $33.00/SF
− Vacancy
−$1.8K −$0.66/SF
EGI
$89.9K $32.34/SF
− OpEx
−$27.0K −$9.70/SF
NOI
$62.9K $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%
$1,258,680
Cap Rate 7%
$899,057
Cap Rate 9%
$699,267
Alternative Uses
Best Use
Apartment 5plus
$49.15M
$43.01M – $57.34M
NOI $3,440,400 @ 7.0% cap · market cap 312.76%
Second Best
Multifamily LT 5
$899.1K
$786.7K – $1.05M
NOI $62,934 @ 7.0% cap · market cap 5.72%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,419
Businesses Nearby
Explore this area
Business Placement
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
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?
Duplex - Spacious duplex with modern construction, ideal for investors or owner-users.
Where is this duplex located?
The property is located at 8410 S Grand Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,099,997.
What are key features of this property?
This property features: Excellent duplex built in 2002, offering modern construction and lower maintenance.; Two spacious 3‑bedroom, 2‑bathroom units, each with a private garage and in‑unit laundry.; Ideal for owner‑occupancy with rental income potential or for investors seeking a cash‑flowing asset.
