Est. cap rate

2.8%

Assumed rent, all units

$3,440/mo

Units

2

Price per unit

$375,000

Est. annual NOI

$20,640

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.

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

1,373 sqft

Lot size

4,999 sqft

Year built

1912

Stories

1

Garage spaces

0

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

46

MLS #

244544877

About this property

Attention Buyers Check out these 2 units 2 separate houses(They are not attached). First is a 3 bedroom 1.5 bathroom and the second unit is 1 bedroom 1 bathroom. It is a great investor opportunity in the beautiful city of Boyle Heights. Detached duplex offering strong upside potential, in one of northeast LA's most desirable neighborhoods. Ideal for investors or owner occupants, live in one unit and rent the other to generate residual income while building equity. Located near popular highland park hot spots, Major freeways and local amenities. It is perfect for a profitable flip or a property to keep for long term rental hold. Units like these are hard to come by. Opportunities in this area are limited!. All types of Financing are accepted and available for the property.

Location

3716 Flora Avenue

Los Angeles, Los Angeles, CA, 90031