Deal numbers
- Est. cap rate
- 3.4%
- Assumed rent, all units
- $3,440/mo
- Units
- 2
- Price per unit
- $300,000
- 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.
- Effective gross income
- $39,216
- Operating expenses
- $19,608
- Net operating income
- $19,608
- Annual debt service
- $35,926
- Annual cash flow
- -$16,318
- Cash on cash return
- -10.9%
- Down payment
- $150,000
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
- 1,258 sqft
- Lot size
- 3,307 sqft
- Year built
- 1934
- Stories
- 1
- Garage spaces
- 0
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 83
- MLS #
- 244556618
About this property
Investor opportunity in Los Angeles! Duplex featuring one 3-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit on an R4-zoned lot. Property offers dual access from Main Street and rear alley access. Seller has a site plan for the potential addition of two unit two-story ADUs, each designed as 2-bedroom, 1-bath units, subject to City approval. Great opportunity for investors, value-add buyers, or 1031 exchange buyers seeking an income property with future upside. Buyer to verify zoning, permits, rents, expenses, ADU feasibility, and all development potential with the City of Los Angeles. RSO
Location
9104 S Main
Los Angeles, Los Angeles, CA, 90003