1132 W 56th, Los Angeles, California 90037, Los Angeles, 90037 - 4 bed, 3 bath
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1132 W 56th
Los Angeles, California 90037
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,412Sq Ft
5,122Lot Size
Property Price
LIST PRICE$849,900
EST. MARKET VALUE
$831,596
SUMMARY
This newly remodeled duplex represents a Strong Value Opportunity, listed at $869,900—positioned well below the $973,513 Fair Market Value by 10%. This valuation gap provides $103,613 in Instant Equity for the buyer. Featuring a Mint Condition Rating with high-end finishes, new systems, and a versatile layout, this property is ideal for Buy-and-Hold Investors or Owner-Occupants utilizing a "house hack" strategy. With a $20,000 seller credit, this turnkey asset offers immediate rental income potential or flexible multi-generational living.
Estimated Market Value
$831,596
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1132 W 56th Subject 4 bd · 3 ba · 2,412 sqft · $345 | $849,900* List Price | 4 | 3 | 2,412 | $345 | - |
A 727 W 54th Street Active 0 bd · 0 ba · 2,394 sqft · $303 · 0.5 mi | $725,000 List Price | 0 | 0 | 2,394 | $303 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1923, the property has undergone a complete high-end renovation within the last year. It features a new cool roof, updated electrical panels and wiring, new plumbing, and new mini-split HVAC systems. The kitchens and bathrooms are fully modernized with quartz countertops, new cabinetry, and contemporary fixtures, meeting the criteria for mint condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Renovations
The property features extensive recent upgrades including a new cool roof, updated plumbing and electrical systems, and modern interior finishes, minimizing immediate capital expenditure for the buyer.
- Financial Incentives
The seller is offering a substantial $20,000 credit toward buyer closing costs, significantly lowering the barrier to entry for FHA and VA-qualified purchasers.
- Income Versatility
As a vacant duplex with a primary suite featuring a private entrance, the property offers immediate market-rate rental potential or a flexible multi-generational living arrangement.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2412, other record living area = 1758. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Recently Sold Property
The property was recently sold within the past year on 2026-05-12. The sold price is $644,000.00.
- Limited Outdoor Space
With two residential units and a detached garage on a 5,122-square-foot lot, the available private yard space is relatively constrained for larger families.
About 1132 W 56th
Newly REMODLED VACANT DUPLEX in the City of Los Angeles! Don’t miss this opportunity to own this Craftsman-style DUPLEX featuring a Spacious 3bedroom 2bath Front Unit & 1Bedroom 1Bath Back Unit along with a Detached 1 Car Garage. Front Unit: 1132 W 56th St Features a Spacious (1840 SQ FT) 3bedroom 2bath home with New Cool Roof, Fresh Interior/Exterior Paint, Open-Concept layout, New Custom kitchen with Quartz countertops, New Appliances, Luxury vinyl plank flooring, Recessed lighting, Remodeled bathrooms, Indoor laundry hookups, New Mini-split, Plumbing & Electrical upgrades and much more! The spacious Primary suite in the front unit has a private entrance, ideal for in-law quarters or JR ADU and is well suited for multigenerational living. Back Unit: 1134 W 56th St, Features a (572 SQ FT) 1bedroom 1bath rear unit with New Cool Roof, New Electrical Panel, New Electrical Re-wire, Fresh Interior/Exterior Paint, Open-Concept layout, New Custom kitchen with Quartz countertops, New Appliances, Luxury vinyl plank flooring, Recessed lighting, Remodeled bathroom, Indoor laundry hookups, New Mini-split, Plumbing & Electrical upgrades and much more! Enjoy the Newly landscaped backyard with Artificial turf and New Modern Cement Pavers! There is parking available on the Front driveway and also a Detached 1 Car Garage with dual access doors for additional parking in backyard. Great Duplex opportunity in the City of Los Angeles! Make your appointment to see this home today FHA and VA Offers welcomed!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1923
- Lot Size
- 5,122 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.5 |
| Baths | 3.0 | 2.9 |
| Square foot | 2,412 | 2,090.331 |
| Lot Size | 5,122 | 5,852.908 |
| Price | $849.9K | $830.9K |
| Price per sq ft | $352 | $394 |
| Built year | 1923 | 1928 |
| HOA | $0 | $0 |
| Days on market | 32 | 87 |
Pricing History
Listed for Sale
Oct 28, 2026
$849,900
$869,900
-2% Price Drop
Initial Listing
Price Change
Oct 8, 2026
$869,900
Initial Listing
Sold
May 12, 2026
$644,000
Public Record