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Duplex at 1182 Rolland Curtis Place
$1,099,999
1182 Rolland Curtis Place
Los Angeles, Los Angeles, 90037
Duplex · 2 units
Active · 3 days on market

Deal numbers

Est. cap rate
2.0%
Assumed rent, all units
$3,600/mo
Units
2
Price per unit
$550,000
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.

5.0%
50%
25%
7.00%
Effective gross income
$41,040
Operating expenses
$20,520
Net operating income
$20,520
Annual debt service
$65,865
Annual cash flow
-$45,345
Cash on cash return
-16.5%
Down payment
$275,000

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
1,824 sqft
Lot size
5,875 sqft
Year built
1951
Stories
1
Garage spaces
0
Pool
None
Status
Active
Days on market
3
MLS #
245681268

About this property

Exceptional duplex opportunity in the heart of Los Angeles. Ideally located minutes from the University of Southern California (USC), Downtown Los Angeles, Exposition Park, BMO Stadium, and the LA Memorial Coliseum. Convenient access to major freeways, public transportation, restaurants, shopping, and entertainment venues. Nearby attractions include Crypto Arena, LA Live, the Natural History Museum, the California Science Center, USC Village, and the Metro E Line, providing easy access to Downtown Los Angeles and Santa Monica. The property consists of two units totaling approximately 1,824 square feet on a 5,875-square-foot lot zoned LARD1.5. Built in 1951, this duplex offers convenient access to major employment centers, educational institutions, and recreational amenities. Buyer to verify all information, including zoning, square footage, and future development possibilities.

Location

1182 Rolland Curtis Place

Los Angeles, Los Angeles, CA, 90037

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1182 Rolland Curtis Pl, Los Angeles CA | Multifamily for Sale