Est. cap rate

2.1%

Assumed rent, all units

$3,440/mo

Units

2

Price per unit

$497,500

Est. annual NOI

$20,640

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

3,706 sqft

Lot size

5,415 sqft

Year built

2016

Stories

2

Garage spaces

3

Pool

None

Status

Active

Days on market

80

MLS #

245422526

About this property

Turnkey Non-RSO Duplex w/ (1) Vacant 5-Bedroom Unit, Ideal for Owner-Occupants & Investors! An exceptional opportunity to own a newer construction duplex in the heart of Los Angeles, offering the perfect blend of immediate occupancy, strong rental income, and long-term appreciation. Built in 2016, this well-maintained property features two spacious 5-bedroom, 3-bathroom residences totaling 3,706 square feet, making it an ideal investment for both owner-users and savvy investors. One of the property's greatest advantages is that one unit will be delivered vacant, providing the rare opportunity to move in immediately or lease the unit at today's market rents from day one. Whether you're looking to offset your mortgage with rental income or maximize cash flow as a full investment property, this flexibility is increasingly difficult to find. Unlike many multifamily properties in Los Angeles, this duplex is not subject to the Los Angeles Rent Stabilization Ordinance (RSO), offering greater flexibility for future rent increases and enhanced long-term income potential. Each residence boasts modern finishes, updated kitchens and bathrooms, expansive open-concept living spaces, and the convenience of in-unit laundry hookups - the highly desirable amenities that continue to attract quality tenants. The property also includes three secured garage parking spaces, providing valuable off-street parking for residents in a neighborhood where parking is at a premium. Situated just minutes from SoFi Stadium, LAX, and Downtown Los Angeles, this centrally located duplex offers convenient access to some of Southern California's largest employment centers, entertainment venues, and lifestyle destinations, making it highly attractive to tenants and owner-occupants alike. Whether you're searching for a house-hacking opportunity, a high-performing investment, or a turnkey property with substantial upside, this newer construction duplex delivers exceptional value in one of Los Angeles' most desirable rental markets. Opportunities to acquire a non-RSO duplex with a vacant unit, modern construction, and immediate income potential are few and far between. This ad contains digitally altered images with virtually staged furniture. Prospects can access original, unaltered images within the same ad. The Google Gemini Diamond icon in the bottom right corner indicates virtually staged furniture.

Location

146 W 93rd

Los Angeles, Los Angeles, CA, 90003