Deal numbers
- Est. cap rate
- 3.2%
- Assumed rent, all units
- $3,500/mo
- Units
- 2
- Price per unit
- $330,000
- Est. annual NOI
- $21,000
- 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
- $39,900
- Operating expenses
- $19,950
- Net operating income
- $19,950
- Annual debt service
- $39,519
- Annual cash flow
- -$19,569
- Cash on cash return
- -11.9%
- Down payment
- $165,000
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
- Bathrooms
- 2
- Building size
- 1,510 sqft
- Lot size
- 5,591 sqft
- Year built
- 1895
- Stories
- 1
- Garage spaces
- 2
- Style
- Victorian
- Heating
- None
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 5
- MLS #
- 243922601
About this property
Excellent opportunity to own a duplex in Boyle Heights featuring approximately 1,510 sq. ft. of living space on a flat lot surrounded by commercial properties. This tenant-occupied property features two separate living units with individual addresses. The front unit (4227) features 1 bedroom and 1 bathroom, while the rear unit (4229) also features 1 bedroom and 1 bathroom. The property is located in a commercial zoning district (LCC3) and may offer future development possibilities. The detached garage may provide potential ADU conversion opportunities. Electrical panels and wiring were updated in 2023. Individually metered for gas and electricity. Conveniently located near major streets, shopping, dining, and transportation.
Location
4227 E Cesar E Chavez
Los Angeles, Los Angeles, CA, 90063