Est. cap rate

3.1%

Assumed rent, all units

$6,880/mo

Units

2

Price per unit

$675,000

Est. annual NOI

$41,280

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

5

Bathrooms

2

Building size

1,622 sqft

Lot size

7,257 sqft

Year built

1939

Stories

1

Garage spaces

2

Style

Bungalow

Heating

None

Cooling

Wall/Window Unit(s)

Pool

None

View

Neighborhood

Status

Active

Days on market

59

MLS #

246320499

About this property

Just Reduced!!! Unique Duplex Opportunity with Investment Potential Calling all investors and owner-occupants! This unique duplex-style property offers an excellent opportunity for rental income, multigenerational living, or the option to live in one home while renting the other. The property features two separate homes, each with its own garage and private yard. The home on Fair Avenue offers 2 bedrooms and 1 bathroom, while the home on Klump Avenue features 3 bedrooms and 1 bathroom. The lot extends from Fair Avenue through Klump Avenue, providing a distinctive layout and added versatility. With two independent residences, this property offers flexibility for investors seeking rental income or buyers looking for additional space and income potential. Conveniently located near restaurants, and shopping, schools, this is an opportunity worth exploring. Don’t miss the chance to own a unique property with multiple possibilities!

Location

5701 Fair

North Hollywood, Los Angeles, CA, 91601