Est. cap rate

1.8%

Assumed rent, all units

$3,500/mo

Units

2

Price per unit

$590,000

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

2

Building size

3,105 sqft

Lot size

6,513 sqft

Year built

2018

Stories

2

Garage spaces

4

Pool

None

Status

Active

Days on market

75

MLS #

245385914

About this property

Wow Wow!! Come check out this Modern Luxury Duplex Built in 2018 – Prime City Terrace Investment Opportunity! Welcome to 1125-1127 Van Pelt Avenue, a rare opportunity to own a beautifully constructed duplex built in 2018, offering the perfect combination of modern design, strong investment potential, and exceptional owner-user appeal. Each spacious residence features 3 bedrooms, 2 bathrooms, expansive open-concept living areas, soaring ceilings, abundant natural light, designer kitchens with oversized center islands, quartz countertops, custom cabinetry, and contemporary finishes throughout. Luxury vinyl flooring, recessed lighting, spacious bedrooms, updated bathrooms, and in-unit laundry create comfortable, modern living rarely found in today's multifamily market. Step outside onto private balconies overlooking a peaceful, tree-lined greenbelt, providing a serene setting that feels worlds away while remaining minutes from Downtown Los Angeles, USC Keck Medical Center, Cal State LA, major freeways, shopping, restaurants, and public transportation. Built in 2018, this newer construction offers the benefits buyers are looking for, including modern systems, lower maintenance, energy-efficient construction, and years of worry-free ownership compared to older income properties. Whether you're an investor looking to add a quality asset to your portfolio or an owner-occupant hoping to offset your mortgage with rental income, this turnkey duplex presents an outstanding opportunity in one of East Los Angeles' most convenient locations.

Location

1125 Van Pelt

City Terrace, Los Angeles, CA, 90063