Est. cap rate

2.6%

Assumed rent, all units

$5,780/mo

Units

2

Price per unit

$674,500

Est. annual NOI

$34,680

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

5

Bathrooms

3

Building size

1,798 sqft

Lot size

7,339 sqft

Year built

1966

Stories

2

Garage spaces

2

Style

Bungalow

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

Neighborhood,Hills,Peek-A-Boo

Status

Active

Days on market

8

MLS #

246746597

About this property

Contemporary and well-maintained two-unit property in the heart of Highland Park offering a rare opportunity for investors, multigenerational living, or owner-users seeking additional income potential. This tenant-occupied duplex features two thoughtfully designed units, with Unit 1 offering 3 bedrooms and 2 bathrooms and Unit 2 featuring 2 bedrooms and 1 bathroom. Both units enjoy private decks with beautiful views of the surrounding hills and neighborhood, creating inviting outdoor spaces to relax and take in the scenery. Situated on a large lot, the property also offers potential for an ADU at the rear, providing an opportunity for future value and additional income potential. Buyer to verify all development possibilities with the appropriate agencies. Interior improvements include newer kitchens and bathrooms, while recent infrastructure upgrades include new sewer lines installed earlier this year, along with an additional cleanout line for convenient future maintenance. Located in one of Northeast Los Angeles’ most sought-after neighborhoods, the property is close to Highland Park’s popular coffee shops, restaurants, boutiques, and vibrant local businesses. Enjoy easy access to York Boulevard and Figueroa Street, nearby parks and hiking trails, as well as convenient connections to Downtown Los Angeles, Pasadena, and major freeways. With its desirable location, flexible two-unit configuration, views, large lot, and potential for future expansion, 5020 Aldama St presents an exceptional opportunity to own an income-producing property in the highly desirable Highland Park community.

Location

5020 Aldama Street

Los Angeles, Los Angeles, CA, 90042