Est. cap rate

3.8%

Assumed rent, all units

$5,620/mo

Units

2

Price per unit

$449,500

Est. annual NOI

$33,720

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

6

Bathrooms

3

Building size

2,560 sqft

Lot size

5,427 sqft

Year built

1910

Stories

1

Garage spaces

0

Style

Traditional

Heating

Natural Gas,Central,ENERGY STAR Qualified Equipment

Cooling

Electric,Central Air,Wall/Window Unit(s),ENERGY STAR Qualified Equipment

Pool

None

View

Neighborhood

Status

Active

Days on market

8

MLS #

245113865

About this property

TWO UNITS PROPERTY!! BOTH UNITS ARE VACANT!! NO RENT CONTROL!! Welcome To 1171 & 1171 1/2 E 60th St, Los Angeles, CA 90001. Exclusive Move-In-Ready Gated Two Dettached Homes In The Heart of LA. No Rent Control!! Modern Homes For The Area. The Front Unit Has 4 Bedrooms, 2 Full Bathroom, Central A/C, 10' High Ceiling and 8' High Attic. The Back Unit Has 2 Bedrooms and 1 Full Bathroom. Both Units Have Large Living Room And Launary Room, Dual Pane Windows. As A Reminder The Zoning Is R3!! Nearby Is Dining, Shopping, USC, Entertainment, Museum, DTLA, Schools, Parks, Metro Station And Easy Access To Freeway. Great Location! This Home Has It All and Will Not Disappoint. See It Today!

Location

1171 E 60TH Street

Los Angeles, Los Angeles, CA, 90001