314 314 W 56th, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath
314 314 W 56th
Los Angeles, California 90037
Property Price
SUMMARY
Analysis of 314 314 W 56th, Los Angeles, California 90037 is currently available with a list price of $1,350,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2013, this property is 11 years old and described as 'well maintained' and 'low maintenance.' The exterior image shows a clean, modern structure with no visible signs of significant wear or deferred maintenance. While interior details are not provided, the age and description strongly suggest that major systems are functional and within their expected lifespan, making it move-in ready with no immediate renovation required.
PROSSTRENGTHS & OPPORTUNITIES
- Newer Construction & Condition
Built in 2013 and described as 'well maintained,' this property offers modern construction standards and potentially lower immediate maintenance costs compared to older Los Angeles properties.
- Strong Income Potential
As a two-unit multifamily building, each featuring spacious 5-bedroom, 3-bathroom units, it offers significant rental income potential in a high-demand Los Angeles market.
- Investor-Friendly Features
The property boasts separate meters for gas, electricity, and trash, reducing landlord utility burdens. It's also explicitly marketed for 1031 exchange and portfolio diversification, appealing directly to investors.
CONSRISKS & DEFICIENCIES
- Multiple Price Reductions
The property has undergone several price reductions from its original listing, which may indicate initial overpricing or a slower-than-anticipated market response, potentially signaling a need for further price adjustment.
- Undefined MLS Area
The MLS area is listed as '699 - Not Defined,' which could make it challenging for buyers and agents to quickly assess neighborhood specifics or find direct comparable properties within standard MLS classifications.
- Listing Data Anomaly
The 'on_market_date' (2025-10-04) and 'modified_timestamp' (2026-01-26) are in the future, which is a significant data inconsistency that could raise questions about the accuracy and reliability of the listing information.
About 314 314 W 56th
Investors, don't miss this prime opportunity in Los Angeles. A well maintained two unit multifamily building built in 2013, featuring two spacious 5 bedroom , 3 bathroom units. The building is gated and with separate meters for gas, electricity and trash. The low maintenance duplex offers strong cash-flow potential in a highly sought after market, with the added flexibility of a 1031 exchange or portfolio diversification. Easy access to fwy and downtown Los Angeles.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 2013
- Lot Size
- 5,867 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,686 | 2,496 | 65% |
| Lot Size | 5,867 | 5,451.5 | 70% |
| Price | $1.35M | $945.0K | 90% |
| Price per sq ft | $366 | $324 | 60% |
| Built year | 2013 | 1923 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 153 | 259 | 15% |
Pricing History
Listed for Sale
Mar 1, 2026
$1,350,000
$1,399,000
-4% Price Drop
Initial Listing
Price Change
Jan 27, 2026
$1,399,000
$1,499,000
-7% Price Drop
Initial Listing
Price Change
Dec 16, 2025
$1,499,000
$1,599,000
-6% Price Drop
Initial Listing
Price Change
Oct 4, 2025
$1,599,000
Initial Listing