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Duplex at 2415 Langdale
$1,075,000
2415 Langdale
Los Angeles, Los Angeles, 90041
Duplex · 2 units
Active · 111 days on market

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.

5.0%
50%
25%
7.00%
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

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

2415 Langdale, Los Angeles CA | Multifamily for Sale