Est. cap rate

2.5%

Assumed rent, all units

$6,240/mo

Units

2

Price per unit

$737,500

Est. annual NOI

$37,440

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

4

Building size

2,454 sqft

Lot size

5,400 sqft

Year built

1926

Stories

2

Garage spaces

0

Heating

Ductless,Wall Furnace

Cooling

Wall/Window Unit(s),Ductless

Pool

None

View

Neighborhood

Status

Active

Days on market

3

MLS #

245961341

About this property

Discover the possibilities of this uniquely configured Atwater Village property, offering a rare combination of separate structures and flexible living spaces in one of Northeast Los Angeles’ most desirable neighborhoods. The property features two distinct buildings, with a versatile layout that provides multiple private living areas, separate entrances, kitchens, and bathrooms, offering an exceptional opportunity for multigenerational living, extended household arrangements, guest accommodations, creative spaces, or those simply looking for added flexibility. The thoughtful separation between spaces creates a sense of privacy and independence rarely found in this area, while the property's unique configuration allows each buyer to envision a setup that best suits their needs. This is a property that truly deserves an in-person visit to appreciate the layout, scale, and possibilities. Located in the heart of Atwater Village, enjoy easy access to popular cafes, restaurants, boutiques, and the weekly farmers market along Glendale Boulevard, as well as nearby Glassell Park, Los Feliz, Silver Lake, Eagle Rock, Griffith Park, and the Griffith Observatory. With convenient access to Downtown Los Angeles, Hollywood, Burbank, and major freeways, this is an opportunity to own a truly distinctive property in one of Los Angeles’ most sought-after neighborhoods.

Location

3185 Perlita Avenue

Los Angeles, Los Angeles, CA, 90039