Est. cap rate

2.4%

Assumed rent, all units

$3,880/mo

Units

2

Price per unit

$492,500

Est. annual NOI

$23,280

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

2

Building size

2,612 sqft

Lot size

5,675 sqft

Year built

1928

Stories

2

Garage spaces

4

Pool

None

Status

Active

Days on market

154

MLS #

236914109

About this property

Attention first-time buyers and investors: this property offers exceptional potential, with opportunities to expand the existing square footage or explore redevelopment options, including the possibility of building apartments. Buyers are encouraged to verify all development possibilities directly with the city. The front residence features three bedrooms and two bathrooms, while the rear unit offers one bedroom, one bathroom, and a four-car garage. The property is conveniently located with easy access to nearby businesses, supermarkets, and other essential amenities. Please feel free to reach out with any questions or to request additional information.

Location

5302 S Manhattan

Los Angeles, Los Angeles, CA, 90062