Est. cap rate

2.0%

Assumed rent, all units

$3,560/mo

Units

2

Price per unit

$530,000

Est. annual NOI

$21,360

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

2,808 sqft

Lot size

4,437 sqft

Year built

2012

Stories

2

Garage spaces

0

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

1

MLS #

246321148

About this property

Excellent opportunity for both owner-users and investors! Newer duplex Built in 2012, this well-maintained building features two spacious units, each offering 4 bedrooms and 2 bathrooms. Both units feature functional floor plans, in-unit laundry areas, and separate gas and electric meters. The property also offers ample parking and a gated yard. Both units are currently occupied by long-term tenants. The property offers flexibility for future use, whether continuing as a rental property or for an owner-user to occupy one unit while renting out the other. Conveniently located with elementary and middle schools within walking distance, approximately 15 minutes to USC, and easy access to major freeways, shopping, dining, and everyday amenities.

Location

1214 E -1216 E 66th

Los Angeles, Los Angeles, CA, 90001