Est. cap rate

6.1%

Assumed rent, all units

$6,100/mo

Units

2

Price per unit

$299,000

Est. annual NOI

$36,600

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

2

Building size

1,732 sqft

Lot size

53,323 sqft

Year built

1975

Stories

2

Garage spaces

2

Style

See Remarks

Cooling

Wall/Window Unit(s)

Pool

None

View

City Lights

Status

Active

Days on market

27

MLS #

240574228

About this property

Exceptional Duplex Investment Opportunity Near Downtown LA & Chinatown. Own a well located duplex just minutes from the heart of Los Angeles. Live in one and rent the other one or rent both units. Situated in a desirable hillside community between Downtown Los Angeles and Chinatown, this income producing property features two separate units, each offering 2 bedrooms and 1 bathroom, for a total of 4 bedrooms and 2 bathrooms across approximately 1,732 square feet of living space. Each unit has its own private entrance, along with separate electric, gas meters, and water heaters, making property management and utility separation convenient. The property also includes assigned garage parking with laundry hookups, adding everyday practicality for residents. HOA pays for water and trash tenants pay for all utilities. HOA pays for part of the home insurance. Ideally positioned for city living, the property offers quick access to nearby neighborhoods including Echo Park, Silver Lake, and Los Angeles State Historic Park. Commuters will appreciate the easy access to major freeways including the 5, 10, 101, and 110, connecting you to all that Los Angeles has to offer. MUST SEE! $648,000 or TRADE!!!

Location

911 New Depot Street #9-10

Los Angeles, Los Angeles, CA, 90012