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Duplex at 604 W 83rd
$869,500
604 W 83rd
Los Angeles, Los Angeles, 90044
Duplex · 2 units
Active · 61 days on market

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.

5.0%
50%
25%
7.00%
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

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

604 W 83rd, Los Angeles CA | Multifamily for Sale