Est. cap rate

4.0%

Assumed rent, all units

$5,660/mo

Units

2

Price per unit

$424,750

Est. annual NOI

$33,960

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

4

Bathrooms

2

Building size

1,806 sqft

Lot size

6,593 sqft

Year built

1951

Stories

1

Garage spaces

2

Cooling

Wall/Window Unit(s),See Remarks

Pool

None

View

None

Status

Active

Days on market

311

MLS #

235349888

About this property

Could this Duplex be your rare Investment Opportunity in North Hollywood area in close proximity to NoHo District, Toluca Lake, in convenient location not far from the Burbank & Universal Studious? Welcome to 6149 Auckland Ave. (currently rented at $1115 per month) & 6151 Auckland Ave.(currently rented at $1320 per month) Check potential addition of ADU's for additional rental income to two existing units with a total of 4 bedrooms, 2 Bathrooms (each unit has 2+1) Dining & Breakfast Areas. Spacious yard for your garden projects, extra parking areas for your special grown up toys like cars, RV, or Boat & Trailer Access, and 2-car garage. Fully Fenced in, cul-de-sac location for added privacy and safety. Priced low for a quick "AS-Is" Sale. Do not go direct. Please see Agent Remarks for Showing By Appointment ONLY.

Location

6149 Auckland

North Hollywood, Los Angeles, CA, 91606