Est. cap rate

2.8%

Assumed rent, all units

$4,480/mo

Units

2

Price per unit

$474,950

Est. annual NOI

$26,880

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

2

Building size

2,700 sqft

Lot size

8,967 sqft

Year built

1952

Stories

1

Garage spaces

2

Pool

None

Status

Active

Days on market

4

MLS #

245994740

About this property

Great Opportunity for Owner-Users or Two Large Families! Location, location, location! A rare opportunity with excellent potential—don’t miss it! Bring your tender loving care and make this spacious property your own. Situated on a large lot in a convenient location close to major freeways, this property offers plenty of space and flexibility for extended family living or an owner-user looking for additional rental potential. • Front Unit: 2 bedrooms, 1 bathroom • Back Unit: 4 bedrooms, 2 bathrooms • each unit has 1-car garage • Separate gas and electric meters • Laundry hookups in each unit • Large lot with plenty of potential

Location

637 Hill Street

Inglewood, Los Angeles, CA, 90302