
Deal numbers
- Est. cap rate
- 2.5%
- Assumed rent, all units
- $3,660/mo
- Units
- 2
- Price per unit
- $434,750
- Est. annual NOI
- $21,960
- 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
- $41,724
- Operating expenses
- $20,862
- Net operating income
- $20,862
- Annual debt service
- $52,063
- Annual cash flow
- -$31,201
- Cash on cash return
- -14.4%
- Down payment
- $217,375
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
- 1,704 sqft
- Lot size
- 6,200 sqft
- Year built
- 1924
- Stories
- 1
- Garage spaces
- 3
- Pool
- None
- Status
- Active
- Days on market
- 61
- MLS #
- 245110144
About this property
Discover this rare 2-unit income property, nestled on a spacious lot in the heart of Vermont knoll. perfect for investors seeking strong rental potential or families looking for flexible living with privacy and convenience. The Front unit offers a generously sized 3-Bedroom, 2-Bathroom layout. Tucked behind is the cozy 2-bedroom 1-Bathroom back unit-Ideal for extended family, guests, or generating supplemental rental income. Total: Approx. 1,704 sq ft across both units on a generous 6,704 sq ft lot. built on 1924. Excellent location close to transportation, shopping, schools and major freeways. strong rental demand in a neighborhood with good walkability and transit access.
Location
604 W 83rd
Los Angeles, Los Angeles, CA, 90044