Est. cap rate

2.9%

Assumed rent, all units

$5,760/mo

Units

2

Price per unit

$599,500

Est. annual NOI

$34,560

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

3

Building size

2,258 sqft

Lot size

4,761 sqft

Year built

1913

Stories

2

Garage spaces

2

Style

Bungalow

Heating

Forced Air

Cooling

Central Air

Pool

None

View

Neighborhood

Status

Active

Days on market

22

MLS #

246436609

About this property

Priced to Sell! Rare duplex/income opportunity on a prime LAR3 lot in highly desired Silver Lake. Two fully detached homes offer ultimate flexibility for rental income, multi-generational living, or a work-from-home sanctuary. The updated 1913 front bungalow features an open-concept 3BR/2BA layout with high-end quartz counters, stainless steel appliances, and central AC. The rear 2BR Mission Revival home preserves historic charm with coved ceilings, decorative hearth, vintage bath, balcony, and mini-splits. Secure gated grounds boast a low-maintenance yard, mature guava tree, driveway parking, and a 2-car garage. Incredible walkability to Cafecito Organico, Sunset Junction, and Bellevue Rec Center with easy freeway access to DTLA and Hollywood.

Location

3538 London

Los Angeles, Los Angeles, CA, 90026