
Deal numbers
- Est. cap rate
- 4.2%
- Assumed rent, all units
- $7,660/mo
- Units
- 2
- Price per unit
- $547,500
- Est. annual NOI
- $45,960
- 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
- $87,324
- Operating expenses
- $43,662
- Net operating income
- $43,662
- Annual debt service
- $65,566
- Annual cash flow
- -$21,904
- Cash on cash return
- -8.0%
- Down payment
- $273,750
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
- 6
- Bathrooms
- 4
- Building size
- 2,183 sqft
- Lot size
- 6,751 sqft
- Year built
- 1939
- Stories
- 1
- Garage spaces
- 0
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 27
- MLS #
- 245691430
About this property
Rare opportunity to own two separate homes on one lot in the heart of Mission Hills! With approximately 2,183 sq. ft. of combined living space, this versatile property is ideal for multi-generational living, owner-occupancy with rental income potential, or an investment opportunity. The front residence offers approximately 983 sq. ft. with 3 bedrooms, 2 full bathrooms, a functional floor plan, abundant natural light, and 2 parking spots. The rear residence offers approximately 1,200 sq. ft. It has its own separate address at 15419 Tuba St. This independent home features 3 bedrooms, 2 full bathrooms, a private entrance, and 4 parking spots, with separate utilities, providing privacy and flexibility for extended family, guests, or tenants. Each residence offers its own private parking space, adding convenience and independence for both homes. Live in one and rent the other, accommodate multiple generations, or take advantage of the income potential of two residences on one property. A truly unique gated property offering two separate 3-bedroom, 2-bath residences, each with its own address, private entrance, and dedicated parking space—an exceptional combination of privacy, flexibility, and convenience. Ideally located close major Freeways, restaurants, shopping, schools, parks, public transportation, and major freeways, providing convenient access throughout the San Fernando Valley and greater Los Angeles area.
Location
15419 Tuba Street
Mission Hills (San Fernando), Los Angeles, CA, 91345