314 W 56th St, Los Angeles, CA, 90037
About This Home
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.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 2013
Type & Style
- Home type: SingleFamily
- Property subType: Duplex
Interior
Appliances
- Laundry features: Inside,Upper Level
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 6
- Full bathrooms: 6
- Main level bathrooms: 1
- Main level bedrooms: 1
Cooling
- Cooling features: Central Air
Features
- Fireplace features: Family Room
- Fireplace: Yes
- Common walls with other units/homes: 1 Common Wall
Interior Area
- Total interior livable area: 3,686 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 5101038015
- Attached to another structure: Yes
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Patio & porch: None
- Spa features: None
- Fencing: Wrought Iron
- Has view: Yes
- View description: None
Lot
- Lot size: 5,867 sqft
- Features: 0-1 Unit/Acre
Parking
- Total spaces: 3
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,568 | $78,816 |
| Home Insurance * | $286 | $3,432 |
| Property Taxes | $1,343 | $16,116 |
| Electricity | $790 | $9,484 |
| Total | $8,987 | $107,844 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-28 | Price change | $1,350,000 |
| 2026-01-26 | Price change | $1,399,000 |
| 2025-12-15 | Price change | $1,499,000 |
| 2025-10-05 | Listed for sale | $1,599,000 |
| 2023-01-17 | Sold | $930,000 |
| 2022-12-21 | Pending sale | $925,000 |
| 2022-12-06 | Listed for sale | $925,000 |
| 2013-11-15 | Sold | $550,005 |
| 2013-10-01 | Listed for sale | $550,000 |
| 2012-12-31 | Sold | $115,000 |
| 2012-12-01 | Listed for sale | $104,000 |
| 2011-05-24 | Sold | $175,460 |
View on Zillow