Est. cap rate

2.0%

Assumed rent, all units

$3,560/mo

Units

2

Price per unit

$532,500

Est. annual NOI

$21,360

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

3,476 sqft

Lot size

5,161 sqft

Year built

2017

Stories

2

Garage spaces

2

Pool

None

Status

Active

Days on market

1

MLS #

244162344

About this property

Exceptional opportunity to own a turnkey, modern duplex built in 2017, located in a rapidly developing pocket of Los Angeles. Designed for savvy investors or owner-occupants seeking a powerful house hack, this property offers incredible financial flexibility. The property consists of two spacious, highly rentable units: 1106 E 114th St: Delivered completely vacant! This unit was previously renting for $3,060 and is ready for immediate lease-up at top-tier market rates, or for an owner-occupant to move right in. 1108 E 114th St: Occupied by a reliable, long-term tenant currently paying $3,102/month, providing steady, immediate cash flow with strong built-in potential for future rent increases. Featuring contemporary finishes, separate gas and electricity meters, and low-maintenance 2010s construction, this asset minimizes operational headaches while maximizing your portfolio's yield. Don’t miss out on an income property where you control the upside!

Location

1106 E 114th

Los Angeles, Los Angeles, CA, 90059