
Deal numbers
- Est. cap rate
- 2.6%
- Assumed rent, all units
- $4,580/mo
- Units
- 2
- Price per unit
- $537,500
- Est. annual NOI
- $27,480
- 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
- $52,212
- Operating expenses
- $26,106
- Net operating income
- $26,106
- Annual debt service
- $64,368
- Annual cash flow
- -$38,262
- Cash on cash return
- -14.2%
- Down payment
- $268,750
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
- 1,756 sqft
- Lot size
- 7,015 sqft
- Year built
- 1921
- Stories
- 2
- Garage spaces
- 2
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- Status
- Active
- Days on market
- 111
- MLS #
- 244193456
About this property
Rare opportunity to own a versatile property in the highly desirable Eagle Rock neighborhood. Situated on one lot are two separate detached single-family homes, offering flexibility for extended family living, owner-occupancy with rental income potential, or a variety of lifestyle needs. Both homes feature renovated exteriors with excellent curb appeal. Each unit offers 2 bedrooms, 1 bathroom, and convenient inside laundry. The front home showcases upgraded wood flooring throughout, ceiling fans in most rooms, a remodeled kitchen and bathroom, and a spacious front yard perfect for relaxing or entertaining. The property also features a long driveway and a detached two-car garage, providing ample parking and storage. Located in the heart of Eagle Rock, one of Northeast Los Angeles' most sought-after communities, residents enjoy highly rated schools, popular restaurants, local shops, and neighborhood amenities. Convenient access to major freeways makes commuting throughout Los Angeles simple and efficient. This is a unique opportunity to enjoy the benefits of two detached homes on one lot in a vibrant and welcoming neighborhood.
Location
2415 Langdale
Los Angeles, Los Angeles, CA, 90041