$549,000

Rare LARD2 Development Opportunity with a Brand-New Roof in the Heart of Los Angeles! This is your chance to acquire an income-producing duplex (2 Units each 2 bed 1 bath) situated on a 5,400 sq. ft. LARD2-zoned lot in one of Los Angeles' rapidly evolving neighborhoods. A new roof was… Read More installed less than one year ago, providing added value and reducing a major future capital expense for the next owner. Whether you're an investor looking to expand your portfolio, a developer seeking future opportunities, or a buyer searching for a property with long-term upside, this exceptional offering checks all the boxes. The existing duplex features two spacious 2-bedroom, 1-bath units with month-to-month tenants, separate electric meters, providing immediate rental income while offering flexibility for future ownership strategies, subject to applicable laws and regulations. Additional improvements include a detached two-car garage and a basement/storage area, creating even more functionality and future possibilities. LARD2-zoned duplex properties on a 5,400 sq. ft. lot with a recently installed roof are becoming increasingly difficult to find. Whether your strategy is to hold for long-term appreciation, enhance the existing asset, or explore future redevelopment opportunities, this property offers exceptional potential. Buyers are encouraged to independently verify zoning, development possibilities, ADU opportunities, allowable density, and future use with the City of Los Angeles. This property will not last call today! Buyer and Buyer's Agents are encouraged to independently inspect, investigate, and verify all information concerning the property, including condition, square footage, lot size, boundaries, zoning, permits, utilities, taxes, assessments, disclosures, and intended use, through their own inspections, professionals, public records, and governmental agencies. Buyer and Buyer's Agent to rely on their own due diligence and not solely on information provided by Seller, Listing Agent, Listing Broker, MLS, or third parties. Buyer acknowledges having had the opportunity to conduct all investigations deemed necessary before completing the purchase. Nothing herein relieves Seller, Listing Agent, or Listing Broker of any disclosure or legal obligations that cannot be waived under California law. Read Less

Property listed by eXp Realty of Greater L.A, Jonathan Hernandez 562-652-9291

Listing Snapshot

Days Online

Last Updated

Aug 23, 2026

Property Type

Duplex

Lot Size

0.12 Acres

Year Built

1923

MLS Number

DW26164677

Additional Details

Building

Built in 1923, 1 building, 1 storey, Levels: One, Entry level: 1, Entry location: FRONT

Community

Curbs, StormDrains, StreetLights, Sidewalks

Garage

2 spaces

Home Owner's Association

Association Fee: $0

Income

Gross Income: $2,502, Gross ScheduledIncome: $2,502, Net Operating Income: $2,502

Laundry

None

Lot

0.124 acres, TwoToFiveUnitsAcre

Parking

2 total parking spaces

Pool

None

Sewer

PublicSewer

Taxes

Additional parcels description:, Lot: 41

Utilities

Water Source: Public, 2 separate electric meters

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330 W 56TH ST

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