
Deal numbers
- Est. cap rate
- 2.8%
- Assumed rent, all units
- $3,560/mo
- Units
- 2
- Price per unit
- $379,500
- Est. annual NOI
- $21,360
- 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
- $40,584
- Operating expenses
- $20,292
- Net operating income
- $20,292
- Annual debt service
- $45,447
- Annual cash flow
- -$25,155
- Cash on cash return
- -13.3%
- Down payment
- $189,750
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
- 1,722 sqft
- Lot size
- 5,741 sqft
- Year built
- 1960
- Stories
- 1
- Garage spaces
- 0
- Heating
- None
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 18
- MLS #
- 245159750
About this property
This charming duplex is situated on a lovely, quiet street and offers an excellent opportunity for both investors and owner-occupants. Each unit features a spacious layout with 2 bedrooms and 1 bathroom, filled with abundant natural light throughout. Both units include tile flooring, enhancing the aesthetic appeal while providing durability and easy maintenance. The cozy, well-appointed kitchens create a warm and inviting space—perfect for everyday living and intimate gatherings. One of the standout features of the property is the expansive, extended driveway, offering ample parking—an incredibly valuable asset for both residents and guests. The property is currently tenant-occupied on a month-to-month basis, and tenants are interested in staying, providing immediate rental income potential. Ideally located in a desirable neighborhood close to shopping, schools, and major highways, this duplex offers convenience and long-term value. A fantastic opportunity you don’t want to miss—this is truly a must-see!
Location
8214 Alix
Los Angeles, Los Angeles, CA, 90001