
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.
- 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