Deal numbers
- Est. cap rate
- 3.4%
- Assumed rent, all units
- $5,440/mo
- Units
- 2
- Price per unit
- $474,500
- Est. annual NOI
- $32,640
- 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.
- Effective gross income
- $62,016
- Operating expenses
- $31,008
- Net operating income
- $31,008
- Annual debt service
- $56,823
- Annual cash flow
- -$25,815
- Cash on cash return
- -10.9%
- Down payment
- $237,250
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
- 2
- Building size
- 1,708 sqft
- Lot size
- 5,202 sqft
- Year built
- 1921
- Stories
- 1
- Garage spaces
- 0
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 17
- MLS #
- 246217401
About this property
Welcome to 2829 S Rimpau Blvd, a move-in-ready Los Angeles property offering exceptional flexibility, a central location, and strong investment potential. Recently refreshed with updated flooring, fresh paint, recessed lighting, and additional improvements, the property is ready for immediate occupancy while still offering plenty of upside for the next owner. The versatile layout makes this an excellent option for an owner-user, investor, or multi-generational household. Live in the main residence while utilizing the additional space for rental income, extended family, guests, a home office, or other flexible uses. Investors will appreciate the opportunity to further improve the property and maximize its long-term potential. Centrally located near West Adams, Culver City, Mid-City, Downtown Los Angeles, the Westside, major freeways, dining, shopping, entertainment, and employment centers, this property puts much of Los Angeles within easy reach. With the 2028 Olympic Games on the horizon, the area continues to benefit from its strategic location within the city. Whether you're looking for a comfortable place to call home, an income-producing opportunity, or a property with room to add value, 2829 S Rimpau Blvd offers a compelling combination of location, flexibility, and potential.
Location
2829 S Rimpau
Los Angeles, Los Angeles, CA, 90016