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Duplex at /7124 De Longpre
$1,850,000
/7124 De Longpre
Los Angeles, Los Angeles, 90046
Duplex · 2 units
Active · 95 days on market

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.

5.0%
50%
25%
7.00%
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

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

/7124 De Longpre, Los Angeles CA | Multifamily for Sale