Deal numbers
- Est. cap rate
- 2.5%
- Assumed rent, all units
- $6,240/mo
- Units
- 2
- Price per unit
- $737,500
- Est. annual NOI
- $37,440
- 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
- $71,136
- Operating expenses
- $35,568
- Net operating income
- $35,568
- Annual debt service
- $88,319
- Annual cash flow
- -$52,751
- Cash on cash return
- -14.3%
- Down payment
- $368,750
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
- 5
- Bathrooms
- 4
- Building size
- 2,454 sqft
- Lot size
- 5,400 sqft
- Year built
- 1926
- Stories
- 2
- Garage spaces
- 4
- Heating
- Ductless,Wall Furnace
- Cooling
- Wall/Window Unit(s),Ductless
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 10
- MLS #
- 243520922
About this property
Exceptional duplex opportunity in the heart of Atwater Village, one of Northeast Los Angeles' most vibrant and sought-after neighborhoods. This versatile property offers two well-appointed units, presenting an ideal opportunity for owner-occupants, investors, or multigenerational living. In addition to the duplex, the property features a separate private bonus area with its own entrance, bathroom, and kitchenette, offering added flexibility and a variety of potential uses. Buyers are advised to independently verify all permits, square footage, and potential uses of the property. Ideally situated near the shops, cafes, restaurants, and weekly farmers market along Glendale Boulevard, this property provides convenient access to many of Los Angeles' most beloved destinations. Enjoy close proximity to Glassell Park, Los Feliz, Silver Lake, and Eagle Rock, as well as outdoor recreation at Griffith Park and the iconic Griffith Observatory. Commuters will appreciate easy access to major freeways and nearby destinations including Downtown Los Angeles, Hollywood, and Burbank. Combining location, versatility, and investment potential, this is a rare opportunity to own income-producing real estate in a thriving Atwater Village community.
Location
3185 Perlita Avenue
Los Angeles, Los Angeles, CA, 90039