Est. cap rate

2.6%

Assumed rent, all units

$4,620/mo

Units

2

Price per unit

$525,000

Est. annual NOI

$27,720

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

1,183 sqft

Lot size

2,446 sqft

Year built

1923

Garage spaces

3

Heating

Floor Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

81

MLS #

245451592

About this property

Surrounded by some of Silver Lake's best dining, shopping, and recreation, this charming bungalow duplex is tucked away in a private, peaceful setting in one of Los Angeles' most sought-after neighborhoods. The property features two one-bedroom, one-bath residences, each with its own private rear deck and garage space. Unit 3216 has an additional garage space. Adjacent to the garage is a shared laundry room for both units. Unit 3214 has a good standing, long term tenant. Live in Unit 3216 or rent it out! This property also qualifies for up to $20,000 grant for qualified buyers.

Location

3214 Descanso Drive

Los Angeles, Los Angeles, CA, 90026