Est. cap rate

3.2%

Assumed rent, all units

$3,600/mo

Units

2

Price per unit

$334,000

Est. annual NOI

$21,600

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

2

Building size

1,210 sqft

Lot size

5,202 sqft

Year built

1907

Stories

1

Garage spaces

2

Heating

Wall Furnace

Cooling

None

Pool

None

View

Neighborhood

Status

Active

Days on market

76

MLS #

245636564

About this property

Perfect two on a lot – Rare opportunity in a prime Los Angeles location: offering two separate homes on one lot, This flexible layout is ideal for investors seeking dual rental income or owner-occupants who want to live in one unit while renting out the other to offset their mortgage. Adding to the upside, the property presents excellent potential to convert the garage into an ADU (buyer to verify with the City of Los Angeles), opening the door to a third income stream or additional living space — a compelling value-add for investors and a smart equity play for owner-occupants. Located just minutes from Downtown LA, the property offers easy access to major freeways, shopping, dining, schools, and public transportation — a central location that keeps tenant demand strong and supports long-term appreciation. Whether you're building a rental portfolio, house-hacking your way into homeownership, or looking for a value-add project with ADU upside, this duplex delivers rare flexibility in one of LA's most sought-after markets. Multi-unit properties with expansion potential like this don't come around often — schedule your showing today!

Location

1580 E 45th Street

Los Angeles, Los Angeles, CA, 90011