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Duplex at 1119 Calzona
$724,449
1119 Calzona
Los Angeles, Los Angeles, 90023
Duplex · 2 units
Active · 116 days on market

Deal numbers

Est. cap rate
2.9%
Assumed rent, all units
$3,500/mo
Units
2
Price per unit
$362,225
Est. annual NOI
$21,000
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
$39,900
Operating expenses
$19,950
Net operating income
$19,950
Annual debt service
$43,378
Annual cash flow
-$23,428
Cash on cash return
-12.9%
Down payment
$181,112

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
1,648 sqft
Lot size
6,199 sqft
Year built
1923
Stories
1
Garage spaces
0
Pool
None
Status
Active
Days on market
116
MLS #
242791110

About this property

Boyle Heights Clean well manicured 2 homes sitting on a huge lot, property contains front home is 2 bedrooms an 1 bathroom back home 2 bedrooms an 1 bathroom driveway entrance is located back home, fenced all around, new fresh paint interior/exterior,new laminate hardwood flooring throughout both homes, including new d/p windows installed in both homes, well located in the upper going Boyle Heights community near Olympic Blvd and the freeway 5, 10 minutes from DTLA, Stores, Restaurants the famous King Taco Restaurant, and the Iconic El Mercadito, Both units are tenant occupied, seller willing to credit buyer/buyer a tenant relocation fee if buyer/buyers plan to occupied property, show and sell this amazing property

Location

1119 Calzona

Los Angeles, Los Angeles, CA, 90023

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1119 Calzona, Los Angeles CA | Multifamily for Sale