Est. cap rate

2.9%

Assumed rent, all units

$3,640/mo

Units

2

Price per unit

$372,500

Est. annual NOI

$21,840

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

1,398 sqft

Lot size

5,493 sqft

Year built

1922

Stories

1

Garage spaces

3

Heating

Floor Furnace

Pool

None

Status

Active

Days on market

1

MLS #

246082950

About this property

Excellent Duplex Investment Opportunity in East Los Angeles! This well-located duplex offers an outstanding opportunity for an investor, owner-user, or multi-generational household looking to generate rental income while building long-term value. The property features two detached residential units. 947 & 949 Ford Blvd are situated on a spacious lot, providing excellent privacy and flexibility. The front unit, 947 Ford Blvd features 2 bedrooms and 1 bathroom, while the rear unit, 949 Ford Blvd offers 3 bedrooms and 1 bathroom. The detached layout creates a desirable separation between units and provides multiple possibilities for an owner looking to live in one residence while renting the other, or for an investor seeking income-producing property. The property offers generous parking, including garage parking and a long driveway, along with private front and rear yard areas. Additional features include separate utility meters and convenient access to major transportation routes and freeways, making commuting throughout Los Angeles and surrounding communities convenient. Located in the heart of East Los Angeles, the property is close to shopping, dining, schools, public transportation, and major freeways, including the 5, 60 and 710 Freeways. Whether you're an investor looking for a two-unit income property or an owner-user seeking additional rental income, 947 & 949 S. Ford Blvd. presents a unique opportunity in a highly accessible East Los Angeles location.

Location

949 S Ford Boulevard

Los Angeles, Los Angeles, CA, 90022