
Deal numbers
- Est. cap rate
- 2.4%
- Assumed rent, all units
- $7,320/mo
- Units
- 2
- Price per unit
- $925,000
- Est. annual NOI
- $43,920
- 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
- $83,448
- Operating expenses
- $41,724
- Net operating income
- $41,724
- Annual debt service
- $110,773
- Annual cash flow
- -$69,049
- Cash on cash return
- -14.9%
- Down payment
- $462,500
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
- 4
- Building size
- 2,240 sqft
- Lot size
- 7,238 sqft
- Year built
- 1920
- Stories
- 1
- Garage spaces
- 0
- Style
- Modern,Cottage,English
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 95
- MLS #
- 243342295
About this property
Positioned on a corner lot open to the sky on two sides, 7122 & 7124 De Longpre Avenue offers two beautifully separate 2-bedroom, 2-bathroom residences wrapped in mature trees and dappled natural light. Each unit arrives with its own private driveway. No shared entrances, no compromises. a rare luxury in a city where space and privacy are everything. Step outside and Hollywood delivers. Stroll to the Walk of Fame. Spend summer evenings at the Hollywood Bowl. Lace up for a morning hike at Runyon Canyon. Come home to world-class restaurants, independent boutiques, and live theaters all within reach. A neighborhood that rewards you every single day. For the investor, this is a R3 dual-income corner asset plus an ADU in one of LA's most enduring zip codes. For the owner-occupant, it's the rare chance to live in one unit, let the other offset your mortgage, and wake up every morning exactly where the world wishes it could be. Two homes. One legendary corner. Endless possibility.
Location
/7124 De Longpre
Los Angeles, Los Angeles, CA, 90046