Est. cap rate

2.7%

Assumed rent, all units

$3,620/mo

Units

2

Price per unit

$409,000

Est. annual NOI

$21,720

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

1,337 sqft

Lot size

7,125 sqft

Year built

1922

Stories

1

Garage spaces

0

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

62

MLS #

245859701

About this property

Excellent investment opportunity in the desirable El Sereno neighborhood! These duplex features two separate 2-bedroom, 1-bath units, offering an ideal opportunity for both investors and owner-occupants. The front unit (3818) has been beautifully remodeled, making it move-in ready for a new owner or tenant. Renovations include new laminate flooring, fresh interior and exterior paint, a completely remodeled bathroom, remodeled kitchen with quartz countertops, new cabinetry, new garbage disposal, new stove, updated fixtures, recessed lighting, and dual-pane windows. The spacious living and dining areas provide a bright, open feel with abundant natural light. Situated on a generous 7,127 sq. ft. lot, the property offers a long driveway with ample parking and a private rear yard. Conveniently located just minutes from Cal State LA, USC Health Sciences Campus, Downtown Los Angeles, South Pasadena, Alhambra, Highland Park, and major freeways including the 10, 710, 5, 110, and 60. Enjoy easy access to shopping, dining, and everyday conveniences including Costco, Food 4 Less, Superior Grocers, El Super, Target, Walmart, Home Depot, CVS, Walgreens, Starbucks, and numerous local restaurants and cafés.

Location

3818 Drysdale Avenue

Los Angeles, Los Angeles, CA, 90032