Est. cap rate

2.8%

Assumed rent, all units

$5,260/mo

Units

2

Price per unit

$572,500

Est. annual NOI

$31,560

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

5

Bathrooms

3

Building size

2,336 sqft

Lot size

9,767 sqft

Year built

1954

Stories

1

Garage spaces

0

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

166

MLS #

238391777

About this property

$50,000 price reduction. Welcome to a truly special opportunity to own a legal gated two-residence property on one lot, featuring two fully remodeled, detached homes located side by side, (14722 & 14724 Strathern), each with its own private entrance and plenty of parking. This thoughtfully laid-out property offers comfort, privacy, and flexibility for a variety of living and investment needs. The main home features 3 bedrooms and 2 bathrooms (approx. 1,346 sq ft), while the second residence offers 2 bedrooms and 1 bathroom (approx. 1,000 sq ft). Both interiors have been updated, including new flooring, beautifully remodeled kitchens, updated bathrooms, recessed lights and new A/C and heating systems, making both homes truly move-in ready. Ideal for multi-generational living, extended family, or owner-occupants looking to offset their mortgage with rental income, this property provides two independent living spaces without shared walls. Investors will appreciate the turnkey condition and strong rental potential, while families will love the space, privacy, and flexibility to live close, yet separately. Front picnic/play area, storage shed & plenty of parking Conveniently located near schools, shopping, dining, and freeway access, this is a rare opportunity to own two remodeled, detached homes on one lot in Panorama City, offering lifestyle flexibility today and long-term value for the future.

Location

14722 Strathern

Panorama City, Los Angeles, CA, 91402