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Duplex at 401 W Avenue 37
$975,000
401 W Avenue 37
Los Angeles, Los Angeles, 90065
Duplex · 2 units
Active · 54 days on market

Deal numbers

Est. cap rate
2.7%
Assumed rent, all units
$4,440/mo
Units
2
Price per unit
$487,500
Est. annual NOI
$26,640
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
$50,616
Operating expenses
$25,308
Net operating income
$25,308
Annual debt service
$58,380
Annual cash flow
-$33,072
Cash on cash return
-13.6%
Down payment
$243,750

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
2,334 sqft
Lot size
8,086 sqft
Year built
1907
Stories
2
Garage spaces
1
Pool
None
Status
Active
Days on market
54
MLS #
244456627

About this property

Discover the charm and opportunity of 401 W Avenue 37, a distinctive property offering an inviting blend of character, comfort, and potential. Ideally positioned in a desirable Los Angeles location not far from Dodgers Stadium! this property presents an excellent opportunity for homeowners, investors, or buyers looking to create something truly special. Featuring a welcoming layout, appealing curb presence, and a prime location near local amenities, dining, shopping, and major transportation routes, 401 W Avenue 37 offers both lifestyle and convenience. With its established neighborhood setting and versatile appeal, this property is ready to welcome its next owner. Whether you’re searching for a place to call home or an investment with long-term potential or short term potential don’t miss the opportunity to make 401 W Avenue 37 your own. Schedule your private showing today!

Location

401 W Avenue 37

Los Angeles, Los Angeles, CA, 90065

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

401 W Ave 37, Los Angeles CA | Multifamily for Sale