Est. cap rate

2.6%

Assumed rent, all units

$4,840/mo

Units

2

Price per unit

$550,000

Est. annual NOI

$29,040

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

5

Bathrooms

2

Building size

2,500 sqft

Lot size

7,891 sqft

Year built

2025

Stories

1

Garage spaces

0

Cooling

None

Pool

None

View

Neighborhood

Status

Active

Days on market

5

MLS #

245902198

About this property

Excellent opportunity to own a newly built two-unit property in Wilmington! Situated on one APN with two separate addresses, this property features two fully detached residences, offering added privacy and flexibility for an owner-user or investor. Both units feature newer construction and modern finishes with independent living spaces. One unit is currently tenant-occupied at market rent, providing immediate rental income, while the second unit offers the opportunity to occupy, lease, or hold as part of an income-producing investment. There is also a large empty lot area that could be developed with proper rezoning through the city. With two detached homes, separate addresses, and strong rental potential, this is an attractive opportunity for buyers looking for a versatile property in Wilmington. Ideal for multi-generational living, an owner-occupant seeking rental income, or an investor looking to add a newer-construction asset to their portfolio.

Location

127 E N Street

Wilmington, Los Angeles, CA, 90744