Est. cap rate

3.5%

Assumed rent, all units

$3,740/mo

Units

2

Price per unit

$324,750

Est. annual NOI

$22,440

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.

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

1,252 sqft

Lot size

5,245 sqft

Year built

1924

Stories

1

Garage spaces

1

Pool

None

Status

Active

Days on market

207

MLS #

243993205

About this property

Excellent Investment Opportunity – Two Units on One Lot Located at 145 W 109th Street in Los Angeles, this property presents a prime value-add opportunity for both investors and owner-users. Featuring two detached units on a single lot, the front unit will be delivered vacant at the close of escrow, offering immediate occupancy or rental potential. The front unit includes 2 bedrooms, while the rear unit offers a 1-bedroom layout—ideal for generating dual income or accommodating extended living arrangements. The property primarily requires cosmetic updates, providing a clear path to increase value and maximize returns. The roof is approximately 5 years old, adding peace of mind for future ownership. Conveniently situated near major freeways, schools, shopping, and dining, this location supports strong rental demand and long-term growth. A great opportunity to reposition and capitalize on upside potential.

Location

145 W 109th

Los Angeles, Los Angeles, CA, 90061