Est. cap rate

1.9%

Assumed rent, all units

$4,040/mo

Units

2

Price per unit

$622,500

Est. annual NOI

$24,240

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

1,765 sqft

Lot size

6,024 sqft

Year built

1928

Stories

1

Garage spaces

2

Heating

Natural Gas

Cooling

None

Pool

None

View

Neighborhood

Status

Active

Days on market

52

MLS #

245708566

About this property

Beautifully renovated duplex in a highly desirable family friendly neighborhood of Inglewood in the heart of Inglewood’s rapidly growing entertainment district, just minutes from SoFi Stadium, Kia Forum, and the expanding Hollywood park campus with the Intuit Dome. The front unit, filled with natural light, is a Spanish mission charmer with 2 bedrooms and 1.5 bathrooms and is positioned behind a lush hedge giving privacy to the patio and manicured front yard. The back unit is a spacious modern style home with 3 bedrooms and 2 bathrooms and will be vacant after November 1st., ideal for immediate move-in by an owner-occupant. As you enter the back unit, you are greeted with an open living space that leads you to a backyard oasis separated by French patio doors for a true indoor-outdoor living space. The private backyard garden with gazebo is perfect for outdoor dining and relaxing. The property also features a detached two-car garage and a long, gated driveway with parking in front of and behind the gate – a rare convenience in this highly desirable location. With global events drawing millions of visitors, buyers may want to explore Airbnb income opportunities (buyer to verify with the City of Inglewood regarding its short-term rental regulations)

Location

3667 W 110th

Inglewood, Los Angeles, CA, 90303