Deal numbers
- Est. cap rate
- 4.2%
- Assumed rent, all units
- $5,680/mo
- Units
- 2
- Price per unit
- $404,500
- Est. annual NOI
- $34,080
- 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.
- Effective gross income
- $64,752
- Operating expenses
- $32,376
- Net operating income
- $32,376
- Annual debt service
- $48,441
- Annual cash flow
- -$16,065
- Cash on cash return
- -7.9%
- Down payment
- $202,250
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
- 7
- Bathrooms
- 4
- Building size
- 2,369 sqft
- Lot size
- 4,178 sqft
- Year built
- 1907
- Stories
- 2
- Garage spaces
- 0
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 152
- MLS #
- 241070792
About this property
DELIVERED VACANT- OWNER-USER OR INVESTOR CAN SET MARKET RENTS FROM DAY ONE. SELLERS SAYS LET'S GET IT SOLD! Exceptional opportunity to own a well-maintained duplex in a prime Central Los Angeles location. Situated at 736 W 41st Place, this versatile property offers approximately 2,369 square feet of living space and is currently being used as a 4-unit property, providing added flexibility and strong income potential. The property is configured with two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, making it ideal for both investors and owner-users. The current 4-unit use offers multiple income streams and the flexibility for multi-generational living or an owner-occupant to live in one unit while renting out the others. Located in a rapidly developing area, the property is within close proximity to BMO Stadium, the Los Angeles Memorial Coliseum, the University of Southern California (USC), the California Science Center, and the upcoming Lucas Museum of Narrative Art. Convenient access to the 110, 10, and 105 freeways provides easy connectivity throughout Los Angeles. Excellent opportunity to acquire a flexible, income-producing property in a high-demand rental market with continued growth and development.
Location
736 W 41st Place
Los Angeles, Los Angeles, CA, 90037