314 W 56th, Los Angeles, California 90037, Los Angeles, 90037 - 10 bed, 6 bath
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Los Angeles, California 90037
This Modern Multi-Family Duplex is listed at $1,350,000, offering a rare 10-Bedroom Capacity within the Los Angeles Unified district. Boasting a Good Condition Rating and 2013 Construction, this asset provides significant Operational Efficiency through separate metering and low-maintenance gated grounds. While the listing price sits above the $1,163,284 Fair Market Value, the property’s massive 5-bedroom units command premium rents near Downtown LA. This turnkey opportunity is perfectly suited for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a high-capacity, modern rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 314 W 56th Subject | $1,350,000* List Price | 10 | 6 | 3,686 | $316 | - |
A 240 W 46th Street Sold | $1,050,000 | 10 | 6 | 3,696 | $284 | 0.7 mi |
B 314 314 W 56th Active | $1,350,000 List Price | 0 | 0 | 3,686 | $366 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2013, this property falls within the 10-20 year age range for a 'good' rating. The exterior appears well-maintained with modern vinyl windows and clean concrete. As a relatively modern construction for the area, it features updated systems like separate metering and is move-in ready, though it lacks the brand-new or recently renovated status required for an 'excellent' score.
Built in 2013, this duplex is significantly newer than the typical Los Angeles multi-family inventory, offering lower maintenance costs and modern building standards.
The rare configuration of two 5-bedroom, 3-bathroom units provides exceptional rental income potential and caters to the high demand for large family housing.
Separate meters for gas, electricity, and trash, combined with a low-maintenance gated lot, minimize landlord expenses and simplify property management.
The property has seen a substantial price increase since its 2023 sale, which may pose challenges for appraisal valuations or immediate cap rate expectations.
The property lacks scenic views and features a utilitarian, low-maintenance exterior that may lack the curb appeal or green space desired by some long-term tenants.
Perfect opportunity to live in one unit and rent out he other ! don't miss this prime location 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 10.0 | 0.0 | 89% |
| Baths | 6.0 | 0.0 | 89% |
| Square foot | 3,686 | 2,012 | 74% |
| Lot Size | 5,867 | 5,461 | 68% |
| Price | $1.35M | $940.0K | 84% |
| Price per sq ft | $366 | $387 | 47% |
| Built year | 2013 | 1923 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 242 | 5% |
Mar 26, 2026
$1,350,000
Initial Listing
Jan 17, 2023
$930,000
Public Record
Nov 15, 2013
$550,005
Public Record
Jan 24, 2013
$115,000
Public Record
Dec 31, 2012
$115,000
Public Record