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Duplex at 1444 W 37th Street
$4,500,000
1444 W 37th Street
Los Angeles, Los Angeles, 90018
Duplex · 2 units
Active · 36 days on market

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.

5.0%
50%
25%
7.00%
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

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1444 W 37th St, Los Angeles CA | Multifamily for Sale