Est. cap rate

3.0%

Assumed rent, all units

$6,100/mo

Units

2

Price per unit

$600,000

Est. annual NOI

$36,600

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

4

Bathrooms

2

Building size

1,801 sqft

Lot size

3,552 sqft

Year built

1914

Stories

1

Garage spaces

3

Style

Bungalow

Cooling

Central Air,Wall/Window Unit(s)

Pool

None

View

City Lights

Status

Active

Days on market

7

MLS #

245495928

About this property

Calling all Dodgers fans, to this rare corner lot Duplex located near Stadium Way. Each unit is classically designed featuring two bedrooms and a full bath, new windows, hardwood floors throughout, and individual single car garages. The property provides picturesque views of Downtown Los Angeles. Perfect for an investor or as an owner-occupied rental. Both units will be delivered vacant at the close of escrow. Highlights: · Close to Dodger Stadium, Eastside Deli, and Downtown Los Angeles 1024 Figueroa · Hardwood Floors · New Windows · New Electrical Panel · Detached Single-Car Garage · Kitchen · Dining Room · Laundry Units · Original Murphy Bed 1026 Figueroa · Hardwood Floors · New Windows · Two Detached Single-Car Garages · Kitchen · Dining Room · Laundry Units

Location

1024 Figueroa Terrace

Los Angeles, Los Angeles, CA, 90012