Deal numbers
- Est. cap rate
- 3.6%
- Assumed rent, all units
- $4,480/mo
- Units
- 2
- Price per unit
- $375,000
- Est. annual NOI
- $26,880
- 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
- $51,072
- Operating expenses
- $25,536
- Net operating income
- $25,536
- Annual debt service
- $44,908
- Annual cash flow
- -$19,372
- Cash on cash return
- -10.3%
- Down payment
- $187,500
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
- 4
- Bathrooms
- 2
- Building size
- 2,205 sqft
- Lot size
- 6,762 sqft
- Year built
- 1916
- Stories
- 2
- Garage spaces
- 0
- Style
- Traditional
- Heating
- Electric
- Cooling
- None,Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 18
- MLS #
- 246346884
About this property
2 Units! This is an excellent duplex opportunity in South Los Angeles featuring two units in one structure on a spacious lot. Both units provide flexibility for investors. This property offers approximately 2,205 square feet of living space across a 6760-square-foot LAC2 zoning lot. Each unit has separate gas & electric meters, and ample driveway parking. Conveniently located near schools, shopping, public transportation, major freeways, and DTLA. Don't miss out on this opportunity to generate rental income or live in one unit while renting the other. **Property is being delivered with tenants **
Location
4512 S Figueroa
Los Angeles, Los Angeles, CA, 90037