Deal numbers
- Est. cap rate
- 3.6%
- Assumed rent, all units
- $3,560/mo
- Units
- 2
- Price per unit
- $297,500
- Est. annual NOI
- $21,360
- 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.
- Effective gross income
- $40,584
- Operating expenses
- $20,292
- Net operating income
- $20,292
- Annual debt service
- $35,627
- Annual cash flow
- -$15,335
- Cash on cash return
- -10.3%
- Down payment
- $148,750
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
- 3
- Bathrooms
- 2
- Building size
- 1,550 sqft
- Lot size
- 5,598 sqft
- Year built
- 1926
- Stories
- 1
- Garage spaces
- 1
- Style
- Traditional
- Cooling
- None
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 7
- MLS #
- 246787770
About this property
Built in 1926, this property offers an excellent opportunity for investors or owner-users looking to acquire a two-unit property with rental income and future potential. The property features two separate units, including a 1-bedroom/1-bathroom front unit and a 2-bedroom/1-bathroom rear unit, providing flexibility for rental income, extended living arrangements, or an owner-occupant seeking additional income. Each unit has washer and dryer access that adds everyday convenience for tenants. Situated on a generous lot, the property offers opportunities to explore additional improvements or potential expansion, subject to city requirements and buyer verification. Investors may appreciate the combination of existing rental potential, a sizable lot, and the ability to add value through updates and improvements. Whether you're looking to hold for long-term rental income, renovate and reposition, or explore future development possibilities, 811 E 113th St. presents an opportunity to create value in a growing Los Angeles market. Bring your vision and unlock the potential of this unique duplex!
Location
811 East 113th Street
Los Angeles, Los Angeles, CA, 90059