
Los Angeles, California 90037
This modern duplex represents a Strong Value Opportunity, listed at a List Price of $1,195,000—positioned well below the $1,318,623 Fair Market Value by 9%. This valuation gap provides $123,623 in Instant Equity for the buyer. Built in 2016, the property maintains a Mint Condition Rating with separately metered utilities and a robust 7.08% cap rate. This turnkey Multifamily Asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking immediate, stable cash flow in a high-demand Los Angeles market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 831 W 50th Subject 0 bd · 0 ba · 3,600 sqft · $332 | $1,095,000* List Price | 0 | 0 | 3,600 | $332 | - |
A 961 W 47th Street Sold 0 bd · 0 ba · 2,772 sqft · $391 · 0.3 mi | $1,085,000 | 0 | 0 | 2,772 | $391 | 0.3 mi |
B 1043 W 52nd Sold 0 bd · 0 ba · 3,840 sqft · $339 · 0.3 mi | $1,300,000 | 0 | 0 | 3,840 | $339 | 0.3 mi |
C 314 W 56th Active 10 bd · 6 ba · 3,686 sqft · $352 · 0.7 mi | $1,299,000 List Price | 10 | 6 | 3,686 | $352 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, the property is exactly 10 years old, featuring modern construction and systems. Recent $33,530 investment in interior/exterior paint and new carpeting ensures mint condition with no immediate maintenance required.
Built in 2016, this newer duplex offers modern building standards and significantly lower maintenance requirements compared to the older housing stock typical of the Los Angeles market.
The property generates a robust $8,140 monthly income with an attractive capitalization rate of approximately 7.08%, providing immediate positive cash flow and rental upside.
Both units feature separately metered electricity and water, shifting utility costs to tenants and simplifying overhead management for the owner.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3600, other record living area = 3530.
The majority of assigned public schools in the immediate vicinity carry low ratings (1-3 out of 10), which may impact long-term desirability for families prioritizing education.
With a high bedroom count of 10 total rooms across two units, the property may experience higher-than-average wear and tear and require more intensive tenant management.
Exceptional investment opportunity in Los Angeles! Built in 2016, this well-maintained duplex features two spacious residences, each offering 5 bedrooms, 3 bathrooms, and approximately 1,800 square feet of living space, for a combined 3,600 square feet. Situated on an approximately 5,199-square-foot lot, the property offers a desirable combination of modern construction, generous floor plans, and strong in-place rental income. Each residence features its own in-unit washer and dryer, separately metered electricity and water, and convenient garage parking. The property includes one two-car garage and one single-car garage, along with gated access for added privacy. Ownership has invested approximately $33,530 in improvements, including interior and exterior painting, carpeting, and the installation of a second water meter. Currently generating $8,140 per month in combined rental income ($97,680 annually), the property offers attractive cash flow with additional rental upside. At the asking price of $1,195,000, the property reflects an approximately 7.08% capitalization rate based on seller-reported operating expenses, or approximately 6.62% using buyer-adjusted property taxes. With its 2016 construction, substantial bedroom count, separately metered utilities, and established income stream, this is an opportunity to acquire a newer multifamily asset in Los Angeles. Buyer to verify all property details, financial information, and applicable rental regulations.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-2 • 0.3 mi
Grades K-5 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 3,600 | 2,090.331 |
| Lot Size | 5,199 | 5,852.908 |
| Price | $1.09M | $830.9K |
| Price per sq ft | $304 | $394 |
| Built year | 2016 | 1928 |
| HOA | $0 | $0 |
| Days on market | 26 | 87 |
Nov 7, 2026
$1,095,000
$1,195,000
-8% Price Drop
Initial Listing
Oct 14, 2026
$1,195,000
Initial Listing
Sep 21, 2015
$635,000
Public Record
Feb 10, 2015
$155,000
Public Record