Est. cap rate

2.7%

Assumed rent, all units

$4,640/mo

Units

2

Price per unit

$519,500

Est. annual NOI

$27,840

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

1,677 sqft

Lot size

6,422 sqft

Year built

1911

Stories

1

Garage spaces

1

Pool

None

Status

Active

Days on market

1

MLS #

246239535

About this property

Positioned in the heart of vibrant Highland Park, one of Northeast Los Angeles’ most dynamic and in-demand neighborhoods, this exceptional duplex offers a rare blend of lifestyle, flexibility, and income potential. Set on a gated lot, the property features two well-appointed 2-bedroom, 1-bathroom residences, ideal for owner-occupants seeking to offset their mortgage or investors looking to capitalize on strong rental demand in the area. The front unit, delivered vacant, showcases a bright and inviting open-concept layout, highlighted by a charming fireplace and abundant natural light. This residence includes a private garage, offering additional value. The rear unit offers a comfortable and functional layout with a galley-style kitchen and two dedicated parking spaces, making it highly attractive for tenants or extended living arrangements. The property is secured with gated access, providing both privacy and convenience. Located just moments from York Blvd and Figueroa St, the property offers easy access to popular cafés, restaurants, boutiques, and local attractions. Commuting is convenient with close proximity to the Metro Gold Line and major freeways, providing seamless access to Downtown Los Angeles and surrounding areas. With its prime location, strong rental appeal, and future upside potential, this property presents an excellent opportunity in one of Los Angeles’ most sought-after communities. Buyer to verify all information, including potential development opportunities, and conduct their own due diligence.

Location

219 S Avenue 60

Los Angeles, Los Angeles, CA, 90042