Est. cap rate

3.2%

Assumed rent, all units

$3,800/mo

Units

2

Price per unit

$355,000

Est. annual NOI

$22,800

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.

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

1,600 sqft

Lot size

3,799 sqft

Year built

1923

Stories

1

Garage spaces

2

Heating

Wall Furnace

Cooling

None

Pool

None

Status

Active

Days on market

77

MLS #

243542944

About this property

PRICE REDUCED Excellent Investment Opportunity to own a Multi-Family Residential property in the City of Los Angeles. Very nice side-by-side duplex. Each 2bed & 1Bath unit includes living room, kitchen and detached two-car garage. Both Units have Laundry Area in each unit. First unit is a 2 bedroom and 1 bath currently rented for $2294. Second unit is Rented for $1542. Centrally located near freeways, shopping, entertainment including SOFI Rams Stadium, the Forum etc. It is also close to business areas and walking distance to Van Ness Recreation Center.

Location

5700 3rd

Los Angeles, Los Angeles, CA, 90043