Est. cap rate

1.7%

Assumed rent, all units

$3,640/mo

Units

2

Price per unit

$649,500

Est. annual NOI

$21,840

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

2,800 sqft

Lot size

5,839 sqft

Year built

1913

Stories

2

Garage spaces

2

Heating

Central

Cooling

Central Air,Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

1

MLS #

239034094

About this property

Great opportunity in Los Angeles! This property features two units on one lot, including a newer built second unit located at the rear of the property, offering excellent flexibility for homeowners and investors alike. Live in one unit and rent out the other to help offset your mortgage, making this an ideal setup for owner-occupants looking to generate additional income. The layout provides separation between the front home and the back unit, creating added privacy and usability. Conveniently located with easy access to major freeways, making commuting to surrounding areas simple and efficient. Close to shopping, dining, and everyday amenities. A great opportunity for multi-generational living, rental income, or investment potential in a central Los Angeles location. ? Property Highlights: • Two units on one lot • Newer constructed rear unit • Ideal for owner-occupant with rental income potential • Convenient access to freeways and nearby amenities

Location

2740 Fairmount

Los Angeles, Los Angeles, CA, 90033