
Deal numbers
- Est. cap rate
- 1.9%
- Assumed rent, all units
- $3,880/mo
- Units
- 2
- Price per unit
- $624,500
- Est. annual NOI
- $23,280
- 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.
- Effective gross income
- $44,232
- Operating expenses
- $22,116
- Net operating income
- $22,116
- Annual debt service
- $74,787
- Annual cash flow
- -$52,671
- Cash on cash return
- -16.9%
- Down payment
- $312,250
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
- 2,119 sqft
- Lot size
- 6,122 sqft
- Year built
- 1913
- Stories
- 2
- Garage spaces
- 4
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 63
- MLS #
- 245469472
About this property
Rare opportunity to own two fully renovated homes on a single lot. This turnkey property pairs a classic Craftsman bungalow in front with a private rear unit — ideal for an owner-occupant looking to offset the mortgage, a multi-generational family, or an investor seeking strong rental income from day one. The front home (4 bed / 3.5 bath, 1,255 sqft) has been restored with care, blending original character with modern finishes. A covered front porch with tapered columns and hand-set patterned tile steps welcomes you in. Inside, rich stained-wood trim and coffered ceiling detail frame an open living and dining area that flows into the kitchen, all set over gleaming refinished hardwood floors. The chef's kitchen features quartz countertops, a full marble-look backsplash, natural-wood cabinetry with brass hardware, and stainless appliances. Bedrooms are bright and generous, several with en-suite baths finished in floor-to-ceiling marble-style tile, frameless glass showers, rainfall shower heads, and modern vanities. Recessed lighting, central heat and air, and abundant natural light run throughout. The rear home (2 bed / 1 bath, 864 sqft) is a comfortable, fully updated unit of its own — with a bright kitchen, wood-look flooring, fresh finishes, and its own private access. Perfect for rental income, guests, or extended family. The upside doesn't stop there: the property includes two 2-car garages that can be converted into ADUs, easily accommodating two additional 1-bedroom units. That's a clear path to four income-producing units on one lot — a major value-add for investors and house-hackers looking to maximize cash flow. Outside, a long gated driveway offers ample off-street parking and leads past drought-tolerant landscaping and mature fruit trees to the rear unit. A manicured front lawn, updated exterior paint, and clean curb appeal complete the package.
Location
4284 La Salle Avenue
Los Angeles, Los Angeles, CA, 90062