Deal numbers
- Est. cap rate
- 3.5%
- Assumed rent, all units
- $3,440/mo
- Units
- 2
- Price per unit
- $294,500
- Est. annual NOI
- $20,640
- 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
- $39,216
- Operating expenses
- $19,608
- Net operating income
- $19,608
- Annual debt service
- $35,268
- Annual cash flow
- -$15,660
- Cash on cash return
- -10.6%
- Down payment
- $147,250
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
- 2
- Building size
- 1,934 sqft
- Lot size
- 2,883 sqft
- Year built
- 1926
- Stories
- 1
- Garage spaces
- 1
- Pool
- None
- Status
- Active
- Days on market
- 9
- MLS #
- 242651484
About this property
9223 S San Pedro Street presents a versatile mixed-use opportunity in South Los Angeles, offering both residential and commercial components on a single parcel. This property features an approximately 875 square foot, three-bedroom, one-bathroom apartment positioned adjacent to an approximately 900 square foot commercial space, creating strong potential for owner-user occupancy or income investment. The residential unit offers a functional three-bedroom layout with ample natural light and a practical floor plan suitable for a variety of living arrangements. A single-car garage provides secure parking or additional storage, enhancing convenience and overall utility. The ground-floor commercial space spans approximately 900 square feet and is well-suited for retail, office, or service-oriented uses. With direct street frontage along San Pedro Street, the commercial component benefits from visibility and accessibility within a well-established corridor. This mixed-use configuration allows for flexible occupancy strategies, whether for an owner-operator seeking to live on-site while running a business, or an investor looking to generate income from both residential and commercial tenants. Located with convenient access to major thoroughfares and surrounding neighborhoods, 9223 S San Pedro Street offers a compelling opportunity to acquire a multi-functional asset in Los Angeles.
Location
9223 S San Pedro
Los Angeles, Los Angeles, CA, 90003