
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.
- 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