
Deal numbers
- Est. cap rate
- 1.6%
- Assumed rent, all units
- $4,620/mo
- Units
- 2
- Price per unit
- $847,500
- Est. annual NOI
- $27,720
- 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
- $52,668
- Operating expenses
- $26,334
- Net operating income
- $26,334
- Annual debt service
- $101,492
- Annual cash flow
- -$75,158
- Cash on cash return
- -17.7%
- Down payment
- $423,750
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
- 3
- Building size
- 3,586 sqft
- Lot size
- 6,885 sqft
- Year built
- 1931
- Stories
- 2
- Garage spaces
- 3
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- Status
- Active
- Days on market
- 92
- MLS #
- 244344857
About this property
Discover an exceptional Spanish-style triplex offering timeless architectural charm and outstanding pride of ownership. Featuring three units across two separate buildings, this is a rare opportunity for investors or owner-occupants seeking flexibility, character, and income potential. Every inch of this beautifully maintained property showcases the elegance of its original design while offering the comforts of modern living. The two spacious front residences feature gracious floor plans, generous proportions, and abundant natural light. The main building has been refreshed with newly installed floors and fresh paint, and both front units will be delivered vacant—creating an incredible opportunity for immediate occupancy or premium rental income. Classic Spanish details include decorative fireplaces (decorative), graceful archways, breakfast nooks, built-in cabinetry, and charming original wall sconces, all thoughtfully preserved to maintain the home's authentic character. Above the detached three-car garage sits a spacious and inviting one-bedroom residence, which is occupied by a solid long term renter. The private backyard provides a peaceful common area perfect for outdoor dining, entertaining, or relaxing beneath a mature avocado tree. Whether you're looking for owner occupancy, multi-generational living, co-ownership, or a high-quality investment, this property offers exceptional versatility in a highly desirable neighborhood. A truly rare opportunity to own a soulful, timeless property that captures the architectural richness and enduring spirit of classic Los Angeles while providing the flexibility and conveniences today's buyers seek.
Location
1567 S Spaulding
Los Angeles, Los Angeles, CA, 90019