Est. cap rate

2.5%

Assumed rent, all units

$4,900/mo

Units

2

Price per unit

$600,000

Est. annual NOI

$29,400

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

1,766 sqft

Lot size

3,552 sqft

Year built

1914

Stories

1

Garage spaces

3

Style

Bungalow

Cooling

Central Air,Wall/Window Unit(s)

Pool

None

View

City Lights

Status

Active

Days on market

5

MLS #

246816576

About this property

Calling all Dodgers fans, to this rare corner lot Duplex located near Stadium Way! Both units will be delivered vacant at the close of escrow. Each unit is classically designed featuring two bedrooms and a full bath, new windows, hardwood floors throughout, and individual single car garages. The property provides picturesque views of Downtown Los Angeles. Perfect for an investor or as an owner-occupied rental. Highlights: · Close to Dodger Stadium, Eastside Deli, and Downtown Los Angeles 1024 Figueroa · Hardwood Floors · New Windows · New Electrical Panel · Detached Single-Car Garage · Kitchen · Dining Room · Laundry Units · Original Murphy Bed 1026 Figueroa · Hardwood Floors · New Windows · Two Detached Single-Car Garages · Kitchen · Dining Room · Laundry Units

Location

1024 Figueroa Terrace

Los Angeles, Los Angeles, CA, 90012