Est. cap rate

2.5%

Assumed rent, all units

$3,500/mo

Units

2

Price per unit

$412,500

Est. annual NOI

$21,000

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

3

Bathrooms

2

Building size

1,680 sqft

Lot size

4,658 sqft

Year built

1948

Stories

1

Garage spaces

2

Heating

Wall Furnace

Cooling

None

Pool

None

View

City Lights

Status

Active

Days on market

52

MLS #

245271937

About this property

Beautifully updated 2 units in prime East Los Angeles location, surrounded by popular dining, local markets, USC Keck hospital, and the beloved City Terrace Park, Cal State LA, ELAC, all with convenient access to the public transportation and 10/710 freeways just minutes from DTLA. Both units feature numerous upgrades, including a newer roof, updated electrical panel, copper plumbing throughout, dual-pane windows, refreshed flooring, and new interior paint. The 2-bedroom unit offers a remodeled kitchen and bathroom for modern comfort. Each unit is separately metered, laundry hookups, and two car garage making this an excellent opportunity for any buyer seeking a well-maintained property in a high-demand area.

Location

3656 Pomeroy Street

Los Angeles, Los Angeles, CA, 90063