Est. cap rate

3.1%

Assumed rent, all units

$4,480/mo

Units

2

Price per unit

$437,500

Est. annual NOI

$26,880

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

5

Bathrooms

4

Building size

2,544 sqft

Lot size

7,387 sqft

Year built

1908

Stories

1

Garage spaces

0

Style

Bungalow

Heating

See Remarks

Cooling

None

Pool

None

View

None

Status

Active

Days on market

294

MLS #

245701642

About this property

Recently restored Craftsman home plus virtually new ADU (currently vacant) on a large lot near USC, the Los Angeles Memorial Coliseum and LAFC soccer stadium. The front home is approximately 1,680 sq. ft. with 3 bedrooms and 1.5 bath featuring a spacious living room with a gorgeous stone fireplace, recessed lighting and a lovely color palette along with beautifully restored hardwood floors. There is an additional den and private laundry and a study room with plenty of natural light. The kitchen has gleaming white cabinetry, stainless appliances and quartz countertops. The dining room has a built-in original china cabinet and a gorgeous chandelier. The main house currently rents for $2,964 a month and the ADU which is also a beautifully appointed 2 bedroom 2 Bath was previously renting at $2,288 a month and is approximately 864 sq. ft.(Buyer to Verify) This is a terrific home and income or straight income property.

Location

1027 W 46th Street

Los Angeles, Los Angeles, CA, 90037