
Deal numbers
- Est. cap rate
- 0.5%
- Assumed rent, all units
- $3,960/mo
- Units
- 2
- Price per unit
- $2,250,000
- Est. annual NOI
- $23,760
- 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
- $45,144
- Operating expenses
- $22,572
- Net operating income
- $22,572
- Annual debt service
- $269,448
- Annual cash flow
- -$246,876
- Cash on cash return
- -21.9%
- Down payment
- $1,125,000
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
- 1
- Building size
- 9,056 sqft
- Lot size
- 6,841 sqft
- Year built
- 2024
- Stories
- 3
- Garage spaces
- 2
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 36
- MLS #
- 237413870
About this property
This is a prime investment opportunity located just minutes from USC in a high-demand rental market. The property offers strong rental income potential and is ideal for student housing, young professionals entering the workforce, corporate housing, healthcare assisted living, transition and affordable housing or long-term rental use, with consistent tenant demand and excellent long-term appreciation prospects. Conveniently situated near Downtown Los Angeles, Exposition Park, public transportation, and major freeways. This property is well positioned for investors seeking stable cash flow and future upside. Currently this property is managed by a professional company. No headache, just cash flow for new buyer. Please contact listing agent for more details!
Location
1444 W 37th Street
Los Angeles, Los Angeles, CA, 90018