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Duplex at 1301 Seward
$1,499,000
1301 Seward
Los Angeles, Los Angeles, 90028
Duplex · 2 units
Active · 52 days on market

Deal numbers

Est. cap rate
2.4%
Assumed rent, all units
$6,120/mo
Units
2
Price per unit
$749,500
Est. annual NOI
$36,720
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.

5.0%
50%
25%
7.00%
Effective gross income
$69,768
Operating expenses
$34,884
Net operating income
$34,884
Annual debt service
$89,756
Annual cash flow
-$54,872
Cash on cash return
-14.6%
Down payment
$374,750

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
3
Building size
1,571 sqft
Lot size
4,090 sqft
Year built
1921
Stories
1
Garage spaces
1
Cooling
Central Air
Pool
None
View
Neighborhood
Status
Active
Days on market
52
MLS #
246465808

About this property

An exceptional opportunity in the heart of Hollywood. This stylish and versatile duplex is situated on a gated corner lot between Sunset Boulevard and Santa Monica Boulevard, offering two separate residences, private outdoor areas, and individual gated driveways. The front residence features 3 bedrooms, 1 bathroom, a spacious private yard, an inviting patio deck, and its own gated driveway. The rear residence offers 2 bedrooms, 2 bathrooms, a private patio, and a separate gated driveway leading to a one-car garage. The garage provides flexible bonus space that may be used as a studio, creative workspace, home office, or potential guest quarters. Conveniently located near restaurants, entertainment, production studios, iconic Hollywood destinations, and the 101 Freeway. A compelling opportunity for an owner-user or investor seeking privacy, flexibility, and long-term potential in a central Los Angeles location.

Location

1301 Seward

Los Angeles, Los Angeles, CA, 90028

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1301 Seward, Los Angeles CA | Multifamily for Sale