Est. cap rate

3.0%

Assumed rent, all units

$3,640/mo

Units

2

Price per unit

$364,500

Est. annual NOI

$21,840

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

1,248 sqft

Lot size

3,682 sqft

Year built

1913

Stories

1

Garage spaces

0

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

62

MLS #

243848148

About this property

Rare opportunity to own a fully renovated duplex in the highly sought-after Boyle Heights/City Terrace neighborhood. Perfect for an owner-user, live in one unit and generate rental income from the second unit to help offset your mortgage. Both units have been tastefully upgraded with new flooring, fresh interior paint, recessed lighting, renovated kitchens, remodeled bathrooms, and washer/dryer hookups. The property is move-in ready and offers flexibility for homeowners, investors, or multigenerational living. Conveniently located near Cal State LA, USC Keck School of Medicine, Downtown Los Angeles, and major freeways including the 5, 10, 60, and 710. Enjoy easy access to shopping, dining, public transportation, and employment centers throughout Los Angeles. Don’t miss this exceptional opportunity to own a turnkey income-producing property in one of East Los Angeles’ most accessible and growing communities.

Location

1031 N Fickett

Los Angeles, Los Angeles, CA, 90033