314 314 W 56th, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath
ACTIVE$1,499,000
314 314 W 56th, Los Angeles, California 90037
0Bed
0Bath
3,686Sqft
5,867Lot
Year Built
2013
Close
-
List price
$1.5M
Original List price
$1.6M
Price/Sqft
$407
HOA
-
Days on market
-
Sold On
-
MLS number
PW25232737
Home ConditionGood
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.50M(91th), sqft - 3686(70th), beds - undefined(50th), baths - undefined(50th).
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.
Price History
Date
Event
Price
12/16/25
Price Change
$1,499,000-6.3%
10/04/25
Listing
$1,599,000
Condition Rating
Good
The property was built in 2013, making it 11 years old, which falls within the 'Good' condition criteria (built within 10-20 years). The listing describes it as 'well maintained' with 'newer infrastructure' and 'low maintenance.' The exterior image shows a clean, well-kept building with no visible signs of significant wear or deferred maintenance. While interior details like kitchen and bathroom conditions, styles, and features are not visible, a property of this age, described as well-maintained, is expected to be move-in ready with functional systems and minimal wear and tear, consistent with a 'Good' rating.
Pros & Cons
Pros
Modern Duplex Construction: Built in 2013, this two-unit multifamily building offers newer infrastructure and potentially lower immediate maintenance costs compared to older properties in Los Angeles.
Strong Income Potential: Features two spacious 5-bedroom, 3-bathroom units, explicitly marketed for 'strong cash-flow potential' and 'portfolio diversification' in a high-demand market.
Separate Utilities: Equipped with separate meters for gas, electricity, and trash, simplifying tenant billing and reducing landlord overhead and management responsibilities.
Desirable Location & Accessibility: Located in a 'highly sought after market' with 'easy access to fwy and downtown Los Angeles,' enhancing rental demand and potential for appreciation.
Gated & Low Maintenance: The property is gated, providing enhanced security and privacy, and is described as 'low maintenance,' appealing to investors seeking efficient management.
Cons
Recent Price Reduction: The property has undergone a $100,000 price reduction from its original list price, which may indicate initial overpricing or challenges in attracting buyers at the higher valuation.
High Investment Threshold: With a list price of $1.499 million, this property represents a substantial investment, potentially narrowing the pool of prospective buyers to those with significant capital.
Large Unit Configuration: The 5-bedroom unit configuration, while spacious, may cater to a more niche rental market (e.g., large families or co-living arrangements) compared to more common smaller unit sizes, potentially affecting occupancy rates or tenant turnover.