Est. cap rate

4.3%

Assumed rent, all units

$4,300/mo

Units

2

Price per unit

$297,450

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.

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

2,008 sqft

Lot size

6,140 sqft

Year built

1926

Stories

1

Garage spaces

2

Cooling

None

Pool

None

View

City Lights

Status

Active

Days on market

1

MLS #

246764618

About this property

Welcome to 7833 Crocker St a compelling multi-unit opportunity in the heart of Los Angeles! Whether you're an investor looking to expand your portfolio or an owner-occupant looking to offset your monthly housing costs with rental income, this property offers flexibility, income potential, and room for future upside. Situated on a generous approximately 6,138-square-foot lot, the property features three separate living spaces totaling approximately 2,008 square feet, with a combined 5 bedrooms and 3 bathrooms. The unit mix includes a 2-bedroom, 1-bath unit, a 1-bedroom, 1-bath unit, and an additional 2-bedroom, 1-bath rear unit; giving buyers multiple options for rental income, extended household living, or an owner-user arrangement. One of the property's biggest advantages is the lot and long-term potential. RD1.5 zoning, makes this an especially interesting opportunity for a buyer looking to explore additional improvements, an ADU, expansion, or other future development possibilities, subject to City requirements, permits, and buyer verification. Los Angeles RD1.5 zoning generally provides for multiple-dwelling residential use, while the City also allows ADUs on qualifying multifamily properties under applicable regulations. Located in South Los Angeles with convenient access to Downtown Los Angeles, Sofi Stadium, and major employment, transportation, shopping, dining, and entertainment corridors, the property combines a central Los Angeles location with the versatility investors look for in a long-term hold. Live in one unit and generate income from the others, maintain all three as rentals, or explore ways to further maximize the property's potential. Opportunities offering multiple units, a sizable lot, and future value-add potential are increasingly difficult to find. 7833 Crocker St is ready for its next owner to unlock the possibilities.

Location

7833 Crocker

Los Angeles, Los Angeles, CA, 90003