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Duplex at 8719 Tilden
$975,000
8719 Tilden
Panorama City, Los Angeles, 91402
Duplex · 2 units
Active · 4 days on market

Deal numbers

Est. cap rate
3.2%
Assumed rent, all units
$5,260/mo
Units
2
Price per unit
$487,500
Est. annual NOI
$31,560
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
$59,964
Operating expenses
$29,982
Net operating income
$29,982
Annual debt service
$58,380
Annual cash flow
-$28,398
Cash on cash return
-11.7%
Down payment
$243,750

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
1,581 sqft
Lot size
6,382 sqft
Year built
1948
Stories
1
Garage spaces
1
Heating
Natural Gas
Cooling
See Remarks
Pool
None
View
None
Status
Active
Days on market
4
MLS #
245630482

About this property

Excellent Opportunity to Own a Duplex! This well-located duplex features two units, each offering 2 bedrooms and 1 bathroom, providing an excellent opportunity for rental income or owner-occupancy. Each unit includes its own private in-unit laundry for added convenience. The property also features a detached 2-car garage with potential for future ADU conversion, subject to applicable permits and zoning requirements. A spacious driveway provides ample parking, while the beautiful front yard includes several mature fruit trees. Centrally located with convenient access to major freeways, shopping centers, restaurants, and other amenities. According to the assessor's records, the property is listed as having 4 bedrooms, 2 bathrooms, approximately 1,581 sq. ft. of building area, and a 6,380 sq. ft. lot. The property is zoned LAR2. A great opportunity for investors or owner-occupants looking for rental income and future potential!

Location

8719 Tilden

Panorama City, Los Angeles, CA, 91402

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

8719 Tilden, Panorama City CA | Multifamily for Sale