Deal numbers
- Est. cap rate
- 3.7%
- Assumed rent, all units
- $4,360/mo
- Units
- 2
- Price per unit
- $350,000
- Est. annual NOI
- $26,160
- 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
- $49,704
- Operating expenses
- $24,852
- Net operating income
- $24,852
- Annual debt service
- $41,914
- Annual cash flow
- -$17,062
- Cash on cash return
- -9.7%
- Down payment
- $175,000
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
- 2,607 sqft
- Lot size
- 6,051 sqft
- Year built
- 1994
- Stories
- 1
- Garage spaces
- 0
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 82
- MLS #
- 241697809
About this property
Priced at $700,000, this well-configured duplex offers immediate income potential for the savvy investor. The property features two separate units — a spacious 3-bedroom, 2-bathroom unit and a comfortable 3-bedroom, 1-bathroom unit — offering flexibility for owner-occupants seeking rental income or investors looking to expand their portfolio. Currently tenant-occupied with reliable rental history. While the units retain their original character, the solid bones and functional layouts offer excellent upside potential for buyers looking to add value through updates and modernization. Ideally situated in Los Angeles, this duplex offers convenient access to major freeways, local shopping, dining, and public transportation — an attractive draw for tenants and future resale alike. Don't miss this opportunity to acquire a two-unit income property in a market where multi-family inventory remains in high demand. Schedule your showing today. Buyer to independently verify all information including square footage, unit configurations, zoning, rent roll, and lease terms.
Location
1006 S Concord
Los Angeles, Los Angeles, CA, 90023