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Duplex at 1311 Exposition
$550,000
1311 Exposition
Los Angeles, Los Angeles, 90018
Duplex · 2 units
Active · 80 days on market

Deal numbers

Est. cap rate
4.3%
Assumed rent, all units
$3,960/mo
Units
2
Price per unit
$275,000
Est. annual NOI
$23,760
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
$45,144
Operating expenses
$22,572
Net operating income
$22,572
Annual debt service
$32,932
Annual cash flow
-$10,360
Cash on cash return
-7.5%
Down payment
$137,500

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
1,520 sqft
Lot size
2,291 sqft
Year built
1915
Stories
1
Garage spaces
0
Pool
None
Status
Active
Days on market
80
MLS #
245455402

About this property

This is your tine! Seller Super Motivated! Great Investment opportunity to own a beautifully upgraded Los Angeles duplex in a prime location, offering versatility, modern comfort, and exceptional potential. SHORT SALE. Welcome to 1311 Exposition Boulevard, where thoughtful upgrades meet an incredibly convenient Los Angeles location. This versatile duplex features two separate 2-bedroom, 1-bathroom units, offering an attractive opportunity for an investor, owner-user, or buyer seeking a multi-unit property in a highly connected area. Both units have been thoughtfully updated with modern finishes and functional layouts designed for comfortable everyday living. Highlights include dual-pane windows, ceiling fans, abundant natural light, updated flooring, modern lighting, refreshed interiors, and upgraded bathrooms featuring contemporary vanities and mirrors. A newer roof adds further value and appeal. The kitchens are designed with both style and functionality in mind, featuring quartz countertops, crisp white cabinetry, gas ranges, and practical layouts. Each unit also offers in-unit laundry and wall/window air-conditioning for added convenience and comfort. Location is a standout feature. Situated near USC, Exposition Park, BMO Stadium, the Los Angeles Memorial Coliseum, Downtown Los Angeles, Metro transportation, shopping, dining, and entertainment, this property offers convenient access to many of the destinations that make Los Angeles such a dynamic place to live and invest. Whether you're looking to expand your real estate portfolio or acquire a versatile Los Angeles property, 1311 Exposition Boulevard offers a compelling combination of location, upgrades, functionality, and opportunity.

Location

1311 Exposition

Los Angeles, Los Angeles, CA, 90018

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1311 Exposition, Los Angeles CA | Multifamily for Sale