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Duplex at 1972 N Marianna Avenue
$949,000
1972 N Marianna Avenue
Los Angeles, Los Angeles, 90032
Duplex · 2 units
Active · 421 days on market

Deal numbers

Est. cap rate
2.3%
Assumed rent, all units
$3,620/mo
Units
2
Price per unit
$474,500
Est. annual NOI
$21,720
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.

5.0%
50%
25%
7.00%
Effective gross income
$41,268
Operating expenses
$20,634
Net operating income
$20,634
Annual debt service
$56,823
Annual cash flow
-$36,189
Cash on cash return
-15.3%
Down payment
$237,250

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
1,592 sqft
Lot size
4,467 sqft
Year built
1935
Stories
1
Garage spaces
0
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
Pool
None
View
Mountain(s),Hills
Status
Active
Days on market
421
MLS #
226009487

About this property

Portfolio sale. Duplex + three vacant land lots. Calling all home buyers, investors and developers. We are pleased to offer this duplex for sale in the El Sereno. Live in one and rent the other. Two units; 1 bedroom + 1 bathroom and 2 bedrooms 1 bathroom. This duplex offers the perfect blend of comfort and convenience; situated just minutes away from Cal State LA and the 10 and 710 freeways. Ideal for families or investors, this duplex presents a unique opportunity in a rapidly growing area. In addition, there are 3 adjacent lots zoned R1 that are being sold as well with this duplex; Listing IDs: SB25091032, SB25091026, SB25091023. Don't miss your chance to grow your portfolio and own this fantastic property in El Sereno.

Location

1972 N Marianna Avenue

Los Angeles, Los Angeles, CA, 90032

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1972 N Marianna Ave, Los Angeles CA | Multifamily for Sale