Deal numbers
- Est. cap rate
- 2.8%
- Assumed rent, all units
- $4,480/mo
- Units
- 2
- Price per unit
- $475,000
- 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.
- Effective gross income
- $51,072
- Operating expenses
- $25,536
- Net operating income
- $25,536
- Annual debt service
- $56,883
- Annual cash flow
- -$31,347
- Cash on cash return
- -13.2%
- Down payment
- $237,500
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
- 3
- Building size
- 1,928 sqft
- Lot size
- 5,406 sqft
- Year built
- 1908
- Stories
- 1
- Garage spaces
- 0
- Heating
- Wall Furnace,See Remarks
- Cooling
- See Remarks
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 70
- MLS #
- 245744491
About this property
2 Units! This is an excellent duplex opportunity in South Los Angeles featuring two separate structures on a spacious lot. Both units provide flexibility for owner-occupants or investors. This property offers approximately 2,000 square feet of living space across a 5,400-square-foot lot. Each unit has separate gas, electric, and water meters, and ample driveway parking. Conveniently located near schools, shopping, public transportation, major freeways, and DTLA. Don't miss out on this opportunity to generate rental income or live in one unit while renting the other.
Location
433 W 55th
Los Angeles, Los Angeles, CA, 90037