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Duplex at 478 S Mott
$609,000
478 S Mott
Los Angeles, Los Angeles, 90033
Duplex · 2 units
Active · 159 days on market

Deal numbers

Est. cap rate
3.6%
Assumed rent, all units
$3,640/mo
Units
2
Price per unit
$304,500
Est. annual NOI
$21,840
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
$41,496
Operating expenses
$20,748
Net operating income
$20,748
Annual debt service
$36,465
Annual cash flow
-$15,717
Cash on cash return
-10.3%
Down payment
$152,250

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
1,600 sqft
Lot size
3,015 sqft
Year built
1922
Stories
0
Garage spaces
0
Pool
None
Status
Active
Days on market
159
MLS #
235735421

About this property

Welcome to this charming 2-bedroom, 1-bath duplex located in the heart of Boyle Heights, one of Los Angeles' most historic and centrally situated neighborhoods. Both homes offer comfortable living, while both homes maintain their classic character with room to personalize. The long driveway provides secure off street parking, and the home sits in a community with close proximity to DTLA, the Arts District, USC Medical Center, and major freeways including the 5, 10, and 101. Imagine the endless opportunities as a first-time buyer, investors, or anyone looking to own a home in a high-demand neighborhood. This is an excellent opportunity to update and customize. Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or nonpermitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings.

Location

478 S Mott

Los Angeles, Los Angeles, CA, 90033

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

478 S Mott, Los Angeles CA | Multifamily for Sale