
Deal numbers
- Est. cap rate
- 1.8%
- Assumed rent, all units
- $3,560/mo
- Units
- 2
- Price per unit
- $597,500
- 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
- $71,553
- Annual cash flow
- -$51,261
- Cash on cash return
- -17.2%
- Down payment
- $298,750
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
- 3,506 sqft
- Lot size
- 5,100 sqft
- Year built
- 2016
- Stories
- 2
- Garage spaces
- 3
- Style
- Modern
- Heating
- Central
- Cooling
- None
- Pool
- None
- Status
- Active
- Days on market
- 5
- MLS #
- 245227647
About this property
Welcome to this well-maintained 2016-built duplex on a desirable tree-lined street in the Green Meadows neighborhood of Southeast Los Angeles. This gated property offers two spacious townhome-style units, each with 5 bedrooms and 3 bathrooms and no living spaces above or below. Every unit includes a downstairs bedroom with full bath, four upstairs bedrooms with a primary suite, and convenient upstairs laundry. The interiors are light, bright, and allow for flexible use. Low-maintenance front yard delivers attractive curb appeal while helping control utility costs. Parking is abundant, featuring a long driveway, 2-car garage, single-car garage, and additional rear spaces. Fully leased and ready for its next owner, the property sits in a convenient Green Meadows location with easy access to major transportation routes, nearby shopping, the Green Meadows Recreation Center, bike paths, and proximity to highways and the airport. Investigate this quality income-producing opportunity today.
Location
& 708 E 80th Street
Los Angeles, Los Angeles, CA, 90001