Est. cap rate

2.9%

Assumed rent, all units

$3,860/mo

Units

2

Price per unit

$399,500

Est. annual NOI

$23,160

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

1,541 sqft

Lot size

4,763 sqft

Year built

1930

Stories

1

Garage spaces

2

Pool

None

View

None

Status

Active

Days on market

44

MLS #

245028294

About this property

Exceptional turnkey duplex 2 bedroom/2bath one unit, and 1 bedroom/1bathroom the other unit offering an outstanding investment opportunity just minutes from SoFi Stadium, the Intuit Dome, major freeways, shopping, dining, and entertainment. This well-maintained property features excellent rental income, beautifully refinished hardwood flooring for both units, and pride of ownership throughout, making it a true turnkey investment. Situated on a efficient sized lot with ample driveway and parking, this property also offers excellent ADU potential, creating an opportunity to increase future rental income and property value. Whether you're looking to expand your portfolio or secure a prime income-producing asset in a high-demand location, this duplex is one you won't want to miss.

Location

1423 W 65th

Los Angeles, Los Angeles, CA, 90047