Est. cap rate

3.2%

Assumed rent, all units

$4,280/mo

Units

2

Price per unit

$399,950

Est. annual NOI

$25,680

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

1,704 sqft

Lot size

4,222 sqft

Year built

1960

Stories

1

Garage spaces

2

Pool

None

Status

Active

Days on market

257

MLS #

238322022

About this property

EXCELLENT OPPORTUNITY TO PURCHASE A DUPLEX WITH EXISTING TENANTS IN PLACE, IDEAL FOR INVESTORS SEEKING AN OCCUPIED DUPLEX WITH ESTABLISHED TENANCY AND ONGOING RENTAL INCOME. WELL MAINTAINED PROPERTY LIKE WITH NO MAJOR REPAIR EXPENSES AND IMMEDIATE INCOME POTENCIAL, IN A HIGH RENTAL DEMAND. THIS INVESTMENT PROMISES EXCEPTIONAL PERFORMANCE FOR YEARS TO COME. Each Unit offers 2 bedrooms, 1 bathroom, with Laundry inside with their own garage. Also has a NEW ROOF, NEW ELECTRICAL PANEL. Located minutes from shopping, dining, freeways, LAX, SoFi Stadium, Kia Form, Intuit, and all the entertainment to enjoy those beautiful places. must to see it DO NOT WAIT UNTIL OTHER GET IT. MAKE IN OFFER TODAY.

Location

319 E 98th Street

Inglewood, Los Angeles, CA, 90301