Deal numbers
- Est. cap rate
- 3.3%
- Assumed rent, all units
- $4,720/mo
- Units
- 2
- Price per unit
- $424,999
- Est. annual NOI
- $28,320
- 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
- $53,808
- Operating expenses
- $26,904
- Net operating income
- $26,904
- Annual debt service
- $50,896
- Annual cash flow
- -$23,992
- Cash on cash return
- -11.3%
- Down payment
- $212,500
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
- 1,462 sqft
- Lot size
- 5,252 sqft
- Year built
- 1940
- Stories
- 1
- Garage spaces
- 2
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- Valley
- Status
- Active
- Days on market
- 154
- MLS #
- 242259191
About this property
NEW PRICE IMPROVEMENT—NOW $849,998. Two detached residences on one lot near the Sherman Oaks border. The property includes separate outdoor areas, garage space, central air and heat, and laundry for each residence. The front residence at 5759 N. Hazeltine Ave. offers approximately 906 sq. ft. with 2 bedrooms, a den/office, and 2 full baths. Features include wood flooring, an open kitchen, dining and living area, stove, refrigerator, dishwasher, central air and heat, in-unit laundry, a large detached 1-car garage, private backyard, and separately fenced side yard. The rear residence at 14108 W. Hatteras St. offers approximately 556 sq. ft. with 1 bedroom, den/office, and 3/4 bath. Features include central air and heat, inside laundry, stove, refrigerator, detached garage space, and a private fenced yard. Convenient access to Ventura Blvd, Westfield Fashion Square, Trader Joe’s, parks, public transportation, and the 101, 170, and 405 freeways. Buyer to verify all square footage, room count, zoning, permits, lot size, rents, tenancy, rent-control matters, condition, and other information.
Location
5759 Hazeltine
Van Nuys, Los Angeles, CA, 91401