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Duplex at 144 W 84th Street
$799,000
144 W 84th Street
Los Angeles, Los Angeles, 90003
Duplex · 2 units
Active · 2 days on market

Deal numbers

Est. cap rate
3.2%
Assumed rent, all units
$4,300/mo
Units
2
Price per unit
$399,500
Est. annual NOI
$25,800
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
$49,020
Operating expenses
$24,510
Net operating income
$24,510
Annual debt service
$47,842
Annual cash flow
-$23,332
Cash on cash return
-11.7%
Down payment
$199,750

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
5
Bathrooms
2
Building size
1,665 sqft
Lot size
5,318 sqft
Year built
1920
Stories
1
Garage spaces
0
Cooling
None
Pool
None
View
None
Status
Active
Days on market
2
MLS #
246735402

About this property

WOW, WOW, WOW!!! DUPLEX FOR SALE!!!. The front residence features 2 bedrooms, 1 bathroom, plus a bonus room that can be used for a home office. This unit will be sold with the existing tenant in place, offering the benefit of an established occupant and rental income from the front unit. The rear residence features 3 bedrooms and 1 bathroom and will be delivered vacant at the close of escrow. This creates an exciting opportunity for the new owner to move in and make the space their own, lease it to a new tenant, or utilize it for extended family—while maintaining the income-producing front unit. Outside, the property continues to impress with a front yard, an extended driveway offering generous off-street parking, and a spacious rear yard with ample room for storage and outdoor enjoyment. Opportunities like this are increasingly sought after by both owner-users and investors. Buyer to independently verify all property information, including square footage, room dimensions, permits, zoning, rental information, parking, and any potential development or additional-use opportunities with the appropriate city and governmental agencies.

Location

144 W 84th Street

Los Angeles, Los Angeles, CA, 90003

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

144 W 84th St, Los Angeles CA | Multifamily for Sale