Est. cap rate

2.5%

Assumed rent, all units

$3,880/mo

Units

2

Price per unit

$474,500

Est. annual NOI

$23,280

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

2,048 sqft

Lot size

6,384 sqft

Year built

1923

Stories

1

Garage spaces

2

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

1

MLS #

244104362

About this property

Spacious Duplex located in Hyde Park which will be delivered VACANT at close of escrow! - Each unit offers three bedrooms and one full bathroom with over 1,000 square feet of living space per unit. Both units boast remodeled kitchens and bathrooms with new cabinetry. Both homes have new flooring, new windows, new plumbing, new paint and new lighting all installed with in the last two years. Property is fully paved and can accommodate parking for up to six cars. 2 Car garage currently being used as living quarters w/o permits. Property to be delivered completely vacant and sale is contingent on sellers finding and closing escrow on replacement property.

Location

5420 Manhattan Place

Los Angeles, Los Angeles, CA, 90062