Est. cap rate

3.1%

Assumed rent, all units

$3,660/mo

Units

2

Price per unit

$350,000

Est. annual NOI

$21,960

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

1,345 sqft

Lot size

5,401 sqft

Year built

1919

Stories

1

Garage spaces

0

Heating

Wall Furnace

Cooling

None

Pool

None

Status

Active

Days on market

36

MLS #

246305868

About this property

Excellent investment opportunity in Los Angeles! Situated on a spacious lot, this income-producing property features two units with excellent potential for investors or those looking to expand their real estate portfolio. The front home offers 2 bedrooms, 1 bathroom, and the convenience of indoor laundry. The rear unit features 1 bedroom, 1 bathroom, with laundry hookups located outside behind the unit. Please note: Photos of the rear unit were taken prior to the current tenant's occupancy. The generous lot provides added value and future potential. Conveniently located near schools, shopping, dining, and major freeways. Investment opportunity with immediate rental income! The property is currently occupied by a tenant who would like to remain after the sale. Please contact the listing agent with any questions regarding the tenancy.

Location

1331 W 92nd

Los Angeles, Los Angeles, CA, 90044