
Deal numbers
- Est. cap rate
- 3.3%
- Assumed rent, all units
- $3,440/mo
- Units
- 2
- Price per unit
- $312,500
- Est. annual NOI
- $20,640
- 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
- $39,216
- Operating expenses
- $19,608
- Net operating income
- $19,608
- Annual debt service
- $37,423
- Annual cash flow
- -$17,815
- Cash on cash return
- -11.4%
- Down payment
- $156,250
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
- 1,741 sqft
- Lot size
- 6,643 sqft
- Year built
- 1935
- Stories
- 1
- Garage spaces
- 0
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 49
- MLS #
- 246352457
About this property
Discover a spacious duplex on a generous R2-zoned lot, featuring two separate units, each with its own private entrance, laundry facilities, yard, and ample parking for residents and guests. The front unit offers 2 spacious bedrooms and 1 bathroom, plus a hutch currently being used as a 3rd bedroom, providing added flexibility for living arrangements. The vacant rear unit is a charming 1-bedroom, 1-bathroom with its own gated backyard—ideal for an investor looking to generate rental income or an owner-user seeking additional flexibility. Conveniently located near schools, shopping, restaurants, parks, major freeways, and public transportation, the property also benefits from its proximity to SoFi Stadium and the Chargers’ stadium, putting it near major entertainment, development, and continued investment in the area. With R2 zoning, two independent units, private outdoor space, parking, and a vacant rear unit, this property offers a compelling combination of income potential, flexibility, and long-term upside. Whether you're adding to your portfolio or looking to live in one unit and rent out the other, this one is worth a look. Schedule your private showing today and see the potential for yourself before it’s gone!
Location
408 W 107th Street
Los Angeles, Los Angeles, CA, 90003