$700,000
506 E 62nd Street, Los Angeles CA 90003
Multi-Family (Duplex)
Property type
4 days
On market
$356
Price per sqft
0 cars
Garage
1924
Year built
5,403 sqft
Lot size
Open Houses
Overview
Excellent opportunity to own two detached homes on one lot in the heart of Los Angeles. Offering approximately 1,966 square feet of living space on a 5,401 square foot lot, this versatile duplex is ideal for investors, multigenerational living, or buyers looking to live in one unit while renting out the other. The front home features 3 bedrooms and 2 bathrooms, while the...
Listing provided by: Krystopher Benyamein DRE #02071428 714-588-1017, Allstars Realty, Oscar Contreras DRE #02189426 562-453-7499, Allstars Realty
Listing updated: Jun 2, 2026 at 10:12pm.
Last checked: Jun 3, 2026 at 08:31pm
Source: CRMLS #DW26108194
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $2,300 | $2,300 | $3,000 | Unfurnished |
| 1 | 2 | 1 | — | $1,515 | $1,515 | $2,000 | Unfurnished |
# of Buildings: 2
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 2
Rent Control: Yes
Units Leased: 2
Total Actual Rent: $3,815
Financial Snapshot
Gross Rent Multiplier
15.3x
List Price / Annual Gross Rent
Gross Scheduled Income: $0
Operating Expense: $0
Net Operating Income: $0
Annual Operating Expenses
Insurance: $0
Trash: $0
Water / Sewer: $3,000
Interior
Interior Features: All Bedrooms Down
Room Type: Bedroom
Cooling: None
Heating: None
Fireplace: None
Laundry: Washer Hookup, Gas Dryer Hookup
Entry Location: Front Door
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: None
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 6006022011
Additional Parcels: No
Tax Lot: 14
Tax Block: B
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 506 E 62nd Street, Los Angeles, CA 90003. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$560,000
Total Interest
$714,249
Total Payment
$1,274,249
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$4,419
per month
Property History for 506 E 62nd Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90003.
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