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Duplex at 1325 Talmadge
$1,299,000
1325 Talmadge
Los Angeles, Los Angeles, 90027
Duplex · 2 units
Active · 33 days on market

Deal numbers

Est. cap rate
2.5%
Assumed rent, all units
$5,520/mo
Units
2
Price per unit
$649,500
Est. annual NOI
$33,120
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
$62,928
Operating expenses
$31,464
Net operating income
$31,464
Annual debt service
$77,781
Annual cash flow
-$46,317
Cash on cash return
-14.3%
Down payment
$324,750

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
3
Bathrooms
2
Building size
1,413 sqft
Lot size
6,253 sqft
Year built
1918
Stories
1
Garage spaces
0
Style
Contemporary
Cooling
Ductless
Pool
None
View
Neighborhood
Status
Active
Days on market
33
MLS #
245365257

About this property

Amazing opportunity to own a beautifully remodeled duplex in the heart of Los Angeles! This turnkey property features two remodeled units, including a spacious 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit—ideal for owner-occupants, investors, or multi-generational living. Both residences showcase brand-new kitchens with quartz countertops, new cabinetry, new stainless steel appliances including a stove/oven, microwave, and dishwasher, luxury wood-look flooring, and beautifully remodeled bathrooms with designer finishes. Additional upgrades include fresh interior and exterior paint, new lighting, dual-pane windows, and modern fixtures throughout. Conveniently located near shopping, dining, parks, major freeways, and all that Los Feliz and Hollywood have to offer. A rare move-in-ready income property you won’t want to miss!

Location

1325 Talmadge

Los Angeles, Los Angeles, CA, 90027

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1325 Talmadge, Los Angeles CA | Multifamily for Sale