Est. cap rate

3.1%

Assumed rent, all units

$3,660/mo

Units

2

Price per unit

$349,500

Est. annual NOI

$21,960

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

3

Building size

1,644 sqft

Lot size

5,425 sqft

Year built

1919

Stories

1

Garage spaces

0

Pool

None

Status

Active

Days on market

20

MLS #

241431538

About this property

Great investment opportunity for an investor to earn positive cashflow or a first time home buyer to live in one unit and collect rent. This property consists of a 1bed 1 bath duplex in the front and a 2bed 1bath house in the back. The back house was remodeled about 1 year ago. Upgrades include new kitchen cabinets and granite countertops. Laminate flooring throughout, fresh paint interior/exterior. New windows and fixtures. There are many fruit trees and plenty of parking spaces on this extended lot. It is within walking distance to schools, parks, shopping centers, restaurants, Church, and public transportation. Centrally located by all major freeways, 110, 10, 405, and the 105 fwy. Make your offer today!!

Location

678 W 61st

Los Angeles, Los Angeles, CA, 90044