Est. cap rate

3.3%

Assumed rent, all units

$4,840/mo

Units

2

Price per unit

$437,400

Est. annual NOI

$29,040

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

5

Bathrooms

2

Building size

1,475 sqft

Lot size

4,743 sqft

Year built

1920

Stories

1

Garage spaces

2

Heating

Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

351

MLS #

229906190

About this property

Discover the potential of this fully remodeled duplex at 1435-1437 E Colon Street, ideally located in the up-and-coming Wilmington neighborhood. This turnkey property offers two spacious units, each updated with renovated bathrooms, Kitchens, new flooring throughout, dual-pane windows, and modern finishes. Major improvements include a new roof, upgraded plumbing, new HVAC systems, new electrical panels, and new water heaters, providing peace of mind and minimal maintenance for years to come. One of the units features gated tandem parking, adding extra security and convenience for tenants — a rare find in the area. The property also offers off-street parking and private outdoor spaces for both units. Close to local schools, parks, shopping centers, and major freeways, this duplex is ideally positioned for stable cash flow and strong rental demand. Don’t miss out — remodeled, income-producing duplexes like this don’t last long. Contact us today to schedule your private showing and secure this solid investment!

Location

1437 E Colon ST

Wilmington, Los Angeles, CA, 90744