Est. cap rate

2.5%

Assumed rent, all units

$3,640/mo

Units

2

Price per unit

$432,500

Est. annual NOI

$21,840

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

1,280 sqft

Lot size

5,303 sqft

Year built

1935

Stories

1

Garage spaces

0

Pool

None

Status

Active

Days on market

0

MLS #

244828399

About this property

Exceptional opportunity to own two homes on one lot in the heart of East Los Angeles! This versatile property features a charming front residence offering 2 bedrooms and 1 bathroom, complemented by a separate 1-bedroom, 1-bathroom rear residence, creating a unique opportunity for a variety of living arrangements. Whether you're seeking space for extended family, looking to occupy one home while maximizing the potential of the second, or adding a valuable asset to your real estate portfolio, this property offers remarkable flexibility. The spacious lot provides room to enjoy outdoor living, while the layout offers privacy between the two residences. Ideally situated near schools, parks, shopping centers, restaurants, public transportation, and convenient access to major freeways, this property combines comfort, convenience, and long-term potential. Don't miss this rare opportunity to own a versatile property in a well-established neighborhood with endless possibilities for today's homeowner or savvy investor.

Location

943 S Ford Boulevard

Los Angeles, Los Angeles, CA, 90022