Deal numbers
- Est. cap rate
- 3.1%
- Assumed rent, all units
- $3,560/mo
- Units
- 2
- Price per unit
- $347,500
- Est. annual NOI
- $21,360
- 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
- $40,584
- Operating expenses
- $20,292
- Net operating income
- $20,292
- Annual debt service
- $41,615
- Annual cash flow
- -$21,323
- Cash on cash return
- -12.3%
- Down payment
- $173,750
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
- 2
- Building size
- 1,365 sqft
- Lot size
- 5,805 sqft
- Year built
- 1945
- Stories
- 1
- Garage spaces
- 0
- Cooling
- None
- Pool
- None
- Status
- Active
- Days on market
- 7
- MLS #
- 245883829
About this property
Great Investment Opportunity – Remodeled Duplex with Parking & ADU Potential! featuring two updated units with separate gas and electric meters. The property offers on-site parking and additional potential for an ADU conversion or additional dwelling unit, subject to buyer investigation and verification of zoning, permits, and applicable City requirements. Conveniently located near major freeways with access to Downtown Los Angeles and surrounding areas. Nearby amenities include shopping, dining, entertainment, recreational destinations, and employment centers. Great opportunity to own a remodeled duplex in Los Angeles with separate utilities, parking, and additional development potential.
Location
815 E 109th Street
Los Angeles, Los Angeles, CA, 90059