Est. cap rate

3.4%

Assumed rent, all units

$3,880/mo

Units

2

Price per unit

$337,500

Est. annual NOI

$23,280

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

3

Bathrooms

2

Building size

1,788 sqft

Lot size

5,200 sqft

Year built

1922

Stories

1

Garage spaces

0

Cooling

None

Pool

None

View

None

Status

Active

Days on market

1

MLS #

245889163

About this property

Opportunity awaits at 3972 S Hobart Blvd. This Los Angeles duplex presents a compelling opportunity for a buyer looking to renovate, restore and unlock the potential of a multi-unit property. Situated on an approximately 5,200 SF lot, the property offers two separate living units and plenty of opportunity for the next owner to bring their vision to life. Whether you’re looking to renovate for investment, future income potential or create a property tailored to your needs, this is an opportunity to reimagine an existing Los Angeles asset. Property is in need of renovation and is being sold in its present as-is condition. Probate sale with Full IAEA Authority; no court confirmation required. Buyer to independently verify all information including square footage, unit configuration, permits, zoning and potential uses.

Location

3972 S Hobart

Los Angeles, Los Angeles, CA, 90062