342 W 56th St Los Angeles, CA 90037
South Park NeighborhoodEstimated payment $5,211/month
Highlights
- Dual Staircase
- Corner Lot
- Patio
- Multi-Level Bedroom
- No HOA
- Living Room
About This Home
Welcome to an exceptional investment opportunity in the heart of Los Angeles! This well-maintained duplex is ideally situated just minutes from some of the city’s most iconic destinations, the LA Coliseum, BMO Stadium, Exposition Park, USC, the California Science Center, and the highly anticipated Lucas Museum of Narrative Art. With close proximity to major highways and public transportation, convenience is truly at your doorstep. This versatile property offers three spacious units: Bottom Unit: 4 bedrooms, 2 bathrooms, and generous living space Two Upper Units: Each features 2 bedrooms and 1 bathroom, with private stairway access for added privacy and comfort Whether you're seeking a reliable income property or a place to call home, this duplex delivers a rare blend of comfortable living and strong investment potential. Additional highlights include a dedicated parking space along the side of the house, plus ample street parking for guests. With its prime location, accessibility, and flexible layout, this property offers the best of both worlds for investors and owner-occupants alike. Don’t miss this remarkable opportunity to own a piece of Los Angeles real estate!
Listing Agent
CHAMPIONS REAL ESTATE Brokerage Phone: 626-208-7675 License #02119888 Listed on: 11/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,556
Year Built
- Built in 2000
Lot Details
- 4,788 Sq Ft Lot
- No Common Walls
- Corner Lot
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 3,140 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Ceiling Fan
- Living Room
- Gas Oven
Bedrooms and Bathrooms
- 8 Bedrooms | 4 Main Level Bedrooms
- Multi-Level Bedroom
- 4 Full Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
- Exterior Lighting
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Legal Lot and Block 44 / 6
- Tax Tract Number 2317
- Assessor Parcel Number 5101038028
- $422 per year additional tax assessments
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,556 | $426,515 | $106,623 | $319,892 |
| 2024 | $5,438 | $418,153 | $104,533 | $313,620 |
| 2023 | $5,339 | $409,955 | $102,484 | $307,471 |
| 2022 | $5,098 | $401,918 | $100,475 | $301,443 |
| 2021 | $5,021 | $394,038 | $98,505 | $295,533 |
| 2020 | $5,066 | $389,998 | $97,495 | $292,503 |
| 2019 | $4,875 | $382,352 | $95,584 | $286,768 |
| 2018 | $4,798 | $374,856 | $93,710 | $281,146 |
| 2016 | $4,558 | $360,302 | $90,072 | $270,230 |
| 2015 | $4,494 | $354,891 | $88,720 | $266,171 |
| 2014 | $4,519 | $347,941 | $86,983 | $260,958 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2025 11/22/25 | For Sale | $899,000 | -- | $286 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | $300,000 | United Title Company-La | |
| Grant Deed | $230,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $291,000 | Purchase Money Mortgage | |
| Closed | $206,770 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25264999
APN: 5101-038-028
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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