Est. cap rate

2.9%

Assumed rent, all units

$4,120/mo

Units

2

Price per unit

$425,000

Est. annual NOI

$24,720

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

3

Bathrooms

2

Building size

1,143 sqft

Lot size

14,962 sqft

Year built

1947

Stories

1

Garage spaces

0

Cooling

Wall/Window Unit(s)

Pool

None

View

Neighborhood

Status

Active

Days on market

1

MLS #

244695566

About this property

Exceptional value-add investment opportunity in the heart of Sun Valley. Located directly across from the future Rory M. Shaw Wetlands Park, this property offers outstanding potential in one of the area's evolving neighborhoods. The property includes an approximately 3-bedroom, 2-bath single-family residence and a duplex situated on a generous lot, making it an ideal opportunity for investors, developers, or owner-users seeking a project with long-term upside. Whether your vision is to renovate, modernize, expand, or explore future development possibilities, this property offers exceptional flexibility and potential. Conveniently located near major freeways, shopping, restaurants, schools, parks, public transportation, and major employment centers. The property is tenant occupied and is being sold in its present AS-IS condition. Buyer is advised to independently verify all information, including but not limited to lot size, square footage, zoning, permits, development potential, and all other property characteristics to their own satisfaction.

Location

11144 Lorne

Sun Valley, Los Angeles, CA, 91352