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Duplex at 2402 Langdale Avenue
$1,099,000
2402 Langdale Avenue
Los Angeles, Los Angeles, 90041
Duplex · 2 units
Active · 371 days on market

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.

5.0%
50%
25%
7.00%
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

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

2402 Langdale Ave, Los Angeles CA | Multifamily for Sale