
Deal numbers
- Est. cap rate
- 2.1%
- Assumed rent, all units
- $4,620/mo
- Units
- 2
- Price per unit
- $649,500
- Est. annual NOI
- $27,720
- 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
- $52,668
- Operating expenses
- $26,334
- Net operating income
- $26,334
- Annual debt service
- $77,781
- Annual cash flow
- -$51,447
- Cash on cash return
- -15.8%
- Down payment
- $324,750
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
- 2,924 sqft
- Lot size
- 7,121 sqft
- Year built
- 1922
- Stories
- 2
- Garage spaces
- 3
- Pool
- None
- Status
- Active
- Days on market
- 129
- MLS #
- 242065505
About this property
Rare Investment Opportunity in Historic Oxford Square HPOZ! Welcome to this impeccably maintained, oversized duplex in the highly coveted Oxford Square neighborhood. Spanning 2,924 sqft, this character-filled property is excellent for an owner-user and/or investor seeking a turnkey asset with high growth potential. Both units have been tastefully updated with modern kitchen cabinets, granite countertops, and hardwood floors throughout. The lower unit features 2 beds and 2 baths. The upper unit boasts 2 beds, 2 baths PLUS a Den, which can easily be converted into a 3rd bedroom. A gated driveway leads to a 3-car carport/storage building at the rear, offering ample room for all your storage needs, perfect for tenant needs or potential ADU conversion. Separately Metered: Both gas and electric meters are separate for each unit, keeping owner expenses at a minimum. Nestled in a quiet, historic residential pocket just minutes from Hancock Park, Koreatown, and the Miracle Mile, this property offers the perfect blend of historic charm and modern convenience. Property to be sold AS-IS. Don't miss this gem!
Location
1276 S Plymouth
Los Angeles, Los Angeles, CA, 90019