Est. cap rate

2.3%

Assumed rent, all units

$4,620/mo

Units

2

Price per unit

$600,000

Est. annual NOI

$27,720

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

2

Bathrooms

2

Building size

2,618 sqft

Lot size

8,403 sqft

Year built

1912

Stories

2

Garage spaces

1

Cooling

Wall/Window Unit(s)

Pool

None

View

City Lights,Neighborhood

Status

Active

Days on market

4

MLS #

245208409

About this property

Exceptional investment opportunity in the heart of Los Angeles. This well-maintained duplex features two spacious 1-bedroom, 1-bathroom units totaling approximately 2,618 square feet on a generous 8,400-square-foot LARD2-zoned lot. Built in 1912, the property offers a private driveway, an attached shared two-car garage, and a fully fenced yard for added privacy and security. The property currently generates $3,429 in monthly rental income ($41,148 annually). The expansive lot provides ample outdoor space and future potential consistent with its LARD2 zoning, subject to buyer verification. Conveniently located near shopping, dining, parks, schools, and major transportation routes, this property presents an excellent opportunity for investors or owner-users seeking long-term value.

Location

523 N Lake Street

Los Angeles, Los Angeles, CA, 90026