Est. cap rate

2.3%

Assumed rent, all units

$3,440/mo

Units

2

Price per unit

$449,500

Est. annual NOI

$20,640

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

2,622 sqft

Lot size

3,000 sqft

Year built

2006

Stories

2

Garage spaces

0

Heating

Wall Furnace

Cooling

None

Pool

None

Status

Active

Days on market

1

MLS #

246012485

About this property

IMMACULATE DUPLEX – EXCELLENT INVESTMENT OPPORTUNITY! One Unit will be delivered vacant. Built in 2006, this property features approximately 2,622 square feet of living space on a 3,000-square-foot lot, with each unit offering 3 bedrooms and 2 bathrooms. Both units feature attractive tile and laminate flooring, granite countertops in the kitchens and bathrooms, and laundry hookups. The upper unit has been recently renovated, offering a comfortable and modern living environment. The unit is currently vacant. The property also features separate electric, gas, and RARE *water meters*. The landlord/owner doesn’t pay for any utilities. A large gated parking area at the rear provides parking for multiple vehicles, adding significant convenience and value. With its newer construction, spacious floor plans, strong rental potential, and convenient location, this duplex presents an attractive opportunity to generate rental income while benefiting from long-term real estate appreciation. Conveniently located near shopping, schools, public transportation, dining, and major Los Angeles landmarks, including LAX Airport, downtown, and SoFi Stadium.

Location

9212 Avalon

Los Angeles, Los Angeles, CA, 90003