Est. cap rate

2.3%

Assumed rent, all units

$5,760/mo

Units

2

Price per unit

$750,000

Est. annual NOI

$34,560

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

4

Bathrooms

2

Building size

2,389 sqft

Lot size

5,759 sqft

Year built

1929

Stories

1

Garage spaces

4

Cooling

Wall/Window Unit(s)

Pool

None

View

Neighborhood

Status

Active

Days on market

14

MLS #

245936868

About this property

Exceptional duplex opportunity in the highly desirable Miracle Mile Wilshire Vista neighborhood of Los Angeles. This well maintained property features two spacious units, each offering approximately 1,194 square feet with 2 bedrooms and 1 bathroom, for approximately 2,389 square feet of total living space. Both units offer comfortable, functional floor plans with air conditioning, a valuable feature not commonly found in many duplexes in the area, as well as upgraded kitchens. The property is well suited for investors, multi generational living, or an owner occupant looking to live in one unit while generating rental income from the other. Additional improvements include a new roof installed in January 2026 with a 30 year warranty, as well as a seismic retrofit. The property also features a small basement currently utilized for additional storage. A detached 2 car garage provides valuable parking and additional storage, along with potential future possibilities subject to buyer investigation and verification. The grounds feature five fruit trees, including avocado, peach, lemon, mango, and fig, adding character and outdoor appeal. Ideally situated near popular restaurants, shopping, museums, entertainment, and major employment centers, with convenient access to Beverly Hills, Culver City, Hollywood, and Downtown Los Angeles. Combining classic Los Angeles character with thoughtful upgrades, air conditioning, ample parking, and two desirable units, this duplex presents an excellent opportunity for rental income, owner user flexibility, and long term investment potential in one of Los Angeles most sought after areas.

Location

1332 Masselin Avenue #A&B

Los Angeles, Los Angeles, CA, 90019