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Duplex at & 708 E 80th Street
$1,195,000
& 708 E 80th Street
Los Angeles, Los Angeles, 90001
Duplex · 2 units
Active · 5 days on market

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.

5.0%
50%
25%
7.00%
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

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

& 708 E 80th St, Los Angeles CA | Multifamily for Sale