Est. cap rate

2.3%

Assumed rent, all units

$3,500/mo

Units

2

Price per unit

$450,000

Est. annual NOI

$21,000

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

1,652 sqft

Lot size

4,450 sqft

Year built

1928

Stories

1

Garage spaces

1

Pool

None

Status

Active

Days on market

1

MLS #

246786498

About this property

Excellent duplex opportunity in a centrally located Los Angeles neighborhood! This well-kept and modern property features two separate units, offering flexibility for owner-occupants, multi-generational living, or investment potential. The upper-level unit offers 3 bedrooms and 2 bathrooms, including a spacious primary bedroom with its own en-suite bathroom and access to the backyard and patio. The unit features a comfortable layout, modern touches, and beautiful views from the upper level. The lower-level unit includes 1 bedroom and 1 bathroom, providing a functional and private living space. The property also includes a detached one-car garage. Conveniently located near the border of Downtown Los Angeles and just minutes from Cal State LA, this duplex offers easy access to shopping, dining, entertainment, and major transportation routes. A great opportunity to own a versatile income-producing property in a highly convenient Los Angeles location!

Location

1226 Van Pelt Avenue

Los Angeles, Los Angeles, CA, 90063