Est. cap rate

2.8%

Assumed rent, all units

$3,560/mo

Units

2

Price per unit

$374,950

Est. annual NOI

$21,360

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

3

Building size

1,516 sqft

Lot size

6,890 sqft

Year built

1948

Stories

1

Garage spaces

2

Style

Traditional

Heating

Wall Furnace

Cooling

None

Pool

None

View

Peek-A-Boo

Status

Active

Days on market

1

MLS #

246574227

About this property

BEST PRICE IN LOS ANGELES !!!! EXCELLENT LOCATION THAT OFFERS A PERFECT BLEND OF COMFORT & CONVENIENCE PROVIDING EASY ACCES TO DOWN TOWN & ALL RECREATIONAL PLACES IN LOS ANGELES- SO-FI STADIUM,LA LIVE, ALL STADIUMS, THEATERS & MORE THAT THE CITY OFFERS. 2 SEPARATE HOUSES IN A LOT + 2 CAR GARAGE READY TO BE CONVERTED IN A ADU AND GET MORE INCOME AND RETURN ON YOUR INVESTMENT!! GATED ENTRANCE PLUS A LONG DRIVE WAY TO PARK 6 CARS, IS A GREAT OPPORTUNITY !!! FRONT HOUSE CURRENTLY USED AS A 3 BEDROOMS AND BACK HOUSE USED AS 2 BEDROOMS, PLEASE DO NOT CONTACT OR DISTURB THE OCCUPANTS OF THE PROPERTIES, CONTACT LISTING AGENT FOR ALL CONCERNS. Broker/Agent does not guarantee accuracy of square footage, lot size, zoning, rent control, permits, use codes, schools and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records. Buyer is advised to independently verify the accuracy of all information through personal inspections and with appropriate professionals.

Location

16581 E 61st

Los Angeles, Los Angeles, CA, 90001