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Duplex at 1350 Quintero
$1,114,000
1350 Quintero
Los Angeles, Los Angeles, 90026
Duplex · 2 units
Active · 120 days on market

Deal numbers

Est. cap rate
3.1%
Assumed rent, all units
$5,760/mo
Units
2
Price per unit
$557,000
Est. annual NOI
$34,560
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.

5.0%
50%
25%
7.00%
Effective gross income
$65,664
Operating expenses
$32,832
Net operating income
$32,832
Annual debt service
$66,703
Annual cash flow
-$33,871
Cash on cash return
-12.2%
Down payment
$278,500

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
4
Bathrooms
2
Building size
1,508 sqft
Lot size
4,796 sqft
Year built
1941
Stories
1
Garage spaces
0
Heating
Natural Gas
Cooling
See Remarks
Pool
None
View
None
Status
Active
Days on market
120
MLS #
242707038

About this property

welcome to 1350 Quintero street. This is a great investment property. Backyard has a large lot. Neighborhood is close to Echo Park and silver lake area. Close to Dodger Stadium. Convenient access to downtown Los Angeles. Close to Elysian Park as well. House offers a comfortable layout and a gated entrance. Located in a nice quiet area conveniently located close enough to shopping and dining. Nice Kitchen and living room with ample light. Two bathrooms contain tall showers. Downstairs are two larger bedrooms and an office. Expansive backyard has endless possibilities. The backyard features the two story of the house. There is a stairs leading down stairs to the two larger bedrooms. Two smaller rooms upstairs.

Location

1350 Quintero

Los Angeles, Los Angeles, CA, 90026

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1350 Quintero, Los Angeles CA | Multifamily for Sale