
Deal numbers
- Est. cap rate
- 2.5%
- Assumed rent, all units
- $4,580/mo
- Units
- 2
- Price per unit
- $549,500
- Est. annual NOI
- $27,480
- 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.
- Effective gross income
- $52,212
- Operating expenses
- $26,106
- Net operating income
- $26,106
- Annual debt service
- $65,805
- Annual cash flow
- -$39,699
- Cash on cash return
- -14.4%
- Down payment
- $274,750
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
- Bathrooms
- 2
- Building size
- 1,400 sqft
- Lot size
- 6,021 sqft
- Year built
- 1927
- Stories
- 1
- Garage spaces
- 0
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 371
- MLS #
- 231966027
About this property
Two detached single-family units nestled in the heart of Eagle Rock. Built in 1927, this charming duplex captures the warmth of Spanish-style architecture with smooth Santa Barbara stucco finishes. The property offers two 1-bed/1-bath units (approx. 700 sq. ft. each) on a generous 6,201 sq. ft. corner lot, and is an excellent opportunity for owner-users, investors, or multi-generational living. Each unit enjoys a private entrance, functional layout. The property boasts ample off-street parking, lush mature landscaping, and separation between units, offering comfort and privacy. Located just blocks from Colorado Blvd’s vibrant dining and retail scene, and minutes from Occidental College, freeways, and the best of Northeast LA living. Whether you’re looking to expand your a rental portfolio, developer, or want to live in one unit and rent the other, this is a smart move in a high-demand neighborhood with upside potential. This Eagle Rock duplex is subject to L.A.’s Rent Stabilization Ordinance.
Location
2402 Langdale Avenue
Los Angeles, Los Angeles, CA, 90041