
Deal numbers
- Est. cap rate
- 4.1%
- Assumed rent, all units
- $3,960/mo
- Units
- 2
- Price per unit
- $292,500
- Est. annual NOI
- $23,760
- 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
- $45,144
- Operating expenses
- $22,572
- Net operating income
- $22,572
- Annual debt service
- $35,028
- Annual cash flow
- -$12,456
- Cash on cash return
- -8.5%
- Down payment
- $146,250
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
- 1,200 sqft
- Lot size
- 3,223 sqft
- Year built
- 1941
- Stories
- 1
- Garage spaces
- 3
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 48
- MLS #
- 246478319
About this property
Corner-Lot Duplex in the Heart of Los Angeles! This well-positioned two-story duplex offers an excellent investment opportunity with both units currently tenant occupied. Each unit features 1 bedroom and 1 bathroom, along with its own separate laundry room with washer and dryer hookups. The property also includes a spacious 3-car garage, providing valuable parking and storage options. The front of the property has been newly landscaped and features a gated entrance along S La Salle Avenue. The upper-level second unit faces Exposition Boulevard and offers its own gated entry, private backyard, and a mature avocado tree. Conveniently located near shopping, dining, transportation, and major Los Angeles destinations, this duplex presents an attractive opportunity for investors or owner-users looking for income potential in a desirable central Los Angeles location!
Location
3773 S La Salle Avenue
Los Angeles, Los Angeles, CA, 90018