Deal numbers
- Est. cap rate
- 3.5%
- Assumed rent, all units
- $5,760/mo
- Units
- 2
- Price per unit
- $494,500
- Est. annual NOI
- $34,560
- 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
- $65,664
- Operating expenses
- $32,832
- Net operating income
- $32,832
- Annual debt service
- $59,219
- Annual cash flow
- -$26,387
- Cash on cash return
- -10.7%
- Down payment
- $247,250
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
- 4
- Bathrooms
- 2
- Building size
- 2,066 sqft
- Lot size
- 5,977 sqft
- Year built
- 1952
- Stories
- 1
- Garage spaces
- 2
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 16
- MLS #
- 244393421
About this property
Great opportunity to own a duplex in the desirable Hancock Park-Wilshire area of Los Angeles. 1253 S. Highland & 4900 Dockweiler each unit features 2 bedrooms, 1 bathroom, and its own detached garage. One unit will be available for occupancy at the close of escrow. Ideal for an owner-occupant or investor. Conveniently located near Larchmont Village, Koreatown, Miracle Mile, The Grove, and Downtown Los Angeles, with easy access to shopping, dining, public transportation, and major freeways.
Location
4900 Dockweiler St
Los Angeles, Los Angeles, CA, 90019