Est. cap rate

2.0%

Assumed rent, all units

$3,560/mo

Units

2

Price per unit

$524,999

Est. annual NOI

$21,360

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

3,720 sqft

Lot size

5,817 sqft

Year built

2019

Stories

2

Garage spaces

3

Style

Traditional

Heating

Central

Cooling

None

Pool

None

View

Neighborhood

Status

Active

Days on market

55

MLS #

244670247

About this property

** Excellent Investment Opportunity ** A New Build from the ground up in 2019. A MASSIVE 2-Story Building that boasts 3,720 sq/ft of living space on a 5,817 sq/ft Lot. Both Units include 5 Bedrooms and 3 Bathrooms. Each unit has its own attached Garage. Single car Garage in the front and 2-Car Garage in the rear of the property. Amenities include Dual Pane Windows, granite counter tops, custom wood cabinets, tile flooring in the Kitchen & Bathrooms and forced heat throughout. The Property also includes artificial grass in the front for minimal maintenance and water usage. Separate Utilities at each unit make this Duplex such a sought-after Investment. Tankless water Heaters. Newer Construction minimizes deferred maintenance and enhances future income. AGENTS, BRING YOUR CLIENTS & INVESTORS. This is an EXCELLENT INVESTENT OPPORTUNITY to add to your PORTFOLIO or get started with Rental Income Property.

Location

637 E 115th

Los Angeles, Los Angeles, CA, 90059