Deal numbers
- Est. cap rate
- 3.7%
- Assumed rent, all units
- $7,300/mo
- Units
- 2
- Price per unit
- $589,875
- Est. annual NOI
- $43,800
- 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
- $83,220
- Operating expenses
- $41,610
- Net operating income
- $41,610
- Annual debt service
- $70,640
- Annual cash flow
- -$29,030
- Cash on cash return
- -9.8%
- Down payment
- $294,938
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
- 7
- Bathrooms
- 4
- Building size
- 2,165 sqft
- Lot size
- 5,730 sqft
- Year built
- 1900
- Stories
- 2
- Garage spaces
- 0
- Cooling
- None
- Pool
- None
- View
- City Lights
- Status
- Active
- Days on market
- 83
- MLS #
- 244845607
About this property
Nestled in the heart of Echo Park, this rare property offers two detached homes on one lot, each with its own private entrance, creating an exceptional opportunity for homeowners, investors, or multigenerational living. The front residence features 4 spacious bedrooms and 2 bathrooms, offering a functional layout with generous living spaces filled with natural light. The back home includes 3 bedrooms and 2 bathrooms, providing privacy and comfort with its own separate entrance and independent living area. Whether you're looking to live in one home while generating rental income from the other, accommodate extended family, or add a valuable asset to your investment portfolio, this versatile property offers endless possibilities. Ideally located near Echo Park's popular restaurants, cafés, parks, and vibrant neighborhood attractions, you'll enjoy the perfect blend of urban convenience and residential charm. This home also features a basement, providing valuable bonus space for storage. Whether you need room for seasonal decorations, outdoor gear, tools, or household essentials, the basement offers a convenient place to keep everything organized while freeing up living space throughout the home. Don't miss this unique opportunity to own two separate homes on one lot in one of Los Angeles' most sought-after neighborhoods.
Location
1465 W Temple Street
Los Angeles, Los Angeles, CA, 90026