
Deal numbers
- Est. cap rate
- 2.7%
- Assumed rent, all units
- $3,600/mo
- Units
- 2
- Price per unit
- $395,000
- Est. annual NOI
- $21,600
- 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.
- Effective gross income
- $41,040
- Operating expenses
- $20,520
- Net operating income
- $20,520
- Annual debt service
- $47,303
- Annual cash flow
- -$26,783
- Cash on cash return
- -13.6%
- Down payment
- $197,500
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
- 2,010 sqft
- Lot size
- 4,800 sqft
- Year built
- 1906
- Stories
- 1
- Garage spaces
- 0
- Heating
- None
- Cooling
- None
- Pool
- None
- Status
- Active
- Days on market
- 36
- MLS #
- 246081547
About this property
**Great Opportunity – Duplex ** The 3rd unit may not be permitted with 2 bedroom's 1 bathroom with tenants. The front house with 3 bedrooms 1 bathroom, it's will be possible to leave vacant at close Escrow. Everything is negotiable. Great opportunity to own a well-maintained duplex in a convenient location, close to schools, shopping, public transportation, and major freeways. The property is also just minutes from the University of Southern California (USC), making it an excellent opportunity for homeowners and investors alike. **Property Features:** * **Unit 1 – Downstairs:** 3 bedrooms, 1 bathroom * **Unit 2 – Rear Unit:** 1 bedroom, 1 bathroom * ** Bonus Unit:** 2 bedrooms, 1 bathroom — **unpermitted** Buyer to verify all permits, square footage, bedroom/bathroom count, zoning, and property information with the appropriate city and county departments. Buyer is advised to conduct their own due diligence regarding the existing units and any potential use of the unpermitted space.
Location
1208 E 34th Street Los Angeles CA
Los Angeles, Los Angeles, CA, 90011