Est. cap rate

3.2%

Assumed rent, all units

$7,300/mo

Units

2

Price per unit

$675,000

Est. annual NOI

$43,800

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

6

Bathrooms

4

Building size

2,895 sqft

Lot size

7,002 sqft

Year built

1913

Stories

2

Garage spaces

4

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

32

MLS #

244236047

About this property

Building opportunity upto 6 units! Discover comfortable city living in this spacious near 3000 sqft, with 6-bedroom, 4-bath up and downstairs duplex, ideally located next to the lively Koreatown neighborhood in Los Angeles. Inside, you’ll find a bright and inviting living area with a stylish mix of hardwood and tile flooring, offering both elegance and easy maintenance. The generously sized kitchens is perfect for cooking enthusiasts, featuring abundant storage and plenty of workspace for preparing meals. Wall-mounted A/C units keep the home cool and comfortable year-round, while the convenience of in-unit laundry makes daily living effortless. Four dedicated parking spaces are included, providing rare and valuable ease in this central location. Set within a secure, gated property, this home offers added privacy and peace of mind. Step outside and enjoy all that Koreatown has to offer—from diverse dining to vibrant shopping and entertainment—just moments from your doorstep.

Location

1522 5th Avenue

Los Angeles, Los Angeles, CA, 90019