Est. cap rate

2.5%

Assumed rent, all units

$3,880/mo

Units

2

Price per unit

$465,000

Est. annual NOI

$23,280

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

2

Building size

2,086 sqft

Lot size

5,394 sqft

Year built

1923

Stories

1

Garage spaces

0

Heating

Ductless

Cooling

Ductless

Pool

None

Status

Active

Days on market

1

MLS #

246699217

About this property

Two updated & detached single-story homes. Each offers 2 bedrooms and 1 bathroom with their own yards, recent upgrades throughout designed for modern living. Improvements include updated flooring, baseboards, dual-pane windows, plumbing enhancements, and electrical panels and updates. The kitchens have been refreshed with quartz countertops, stainless steel appliances, custom tile backsplashes, and contemporary cabinetry. rear unit flooring and bathrooms updated within the last few months. Both units have parking. Abundant natural light enhances the interior spaces, creating a bright and comfortable atmosphere. Conveniently situated near a variety of restaurants, shopping, entertainment venues, parks, museums, the University of Southern California (USC), Metro stations, and major transportation routes. This property may be suitable for owner-users, extended households, or investors seeking a multi-unit opportunity

Location

3959 Halldale Avenue

Los Angeles, Los Angeles, CA, 90062