
Deal numbers
- Est. cap rate
- 2.7%
- Assumed rent, all units
- $6,320/mo
- Units
- 2
- Price per unit
- $699,000
- Est. annual NOI
- $37,920
- 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
- $72,048
- Operating expenses
- $36,024
- Net operating income
- $36,024
- Annual debt service
- $83,708
- Annual cash flow
- -$47,684
- Cash on cash return
- -13.6%
- Down payment
- $349,500
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
- 6
- Bathrooms
- 4
- Building size
- 3,100 sqft
- Lot size
- 4,507 sqft
- Year built
- 1929
- Stories
- 2
- Garage spaces
- 4
- Style
- Spanish
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 271
- MLS #
- 236709580
About this property
Fully renovated duplex in the heart of Historic Leimert Park. Ideal for owner-user or investor. Property will be delivered vacant. Two spacious units, each offering 3 bedrooms, 1.5 bathrooms, and approximately 1,550 sq ft of living space. Features include large living and dining rooms, breakfast nooks, new kitchens, new flooring, new windows, new tankless water heaters, new HVAC with central air and heating, and beautifully updated bathrooms with stand-alone showers and soaking tubs. Property boasts new landscaping, elegant curb appeal, and two separate two-car garages with excellent ADU conversion potential. Prime location less than 15 minutes to Downtown LA, beaches, and LAX. One block from the Metro Rail with direct LAX access coming in early 2026. Hurry, this property won't last long!
Location
3104 W 43rd Place
Los Angeles, Los Angeles, CA, 90008