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Duplex at 1212 E 42nd
$770,000
1212 E 42nd
Los Angeles, Los Angeles, 90011
Duplex · 2 units
Active · 9 days on market

Deal numbers

Est. cap rate
2.8%
Assumed rent, all units
$3,600/mo
Units
2
Price per unit
$385,000
Est. annual NOI
$21,600
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.

5.0%
50%
25%
7.00%
Effective gross income
$41,040
Operating expenses
$20,520
Net operating income
$20,520
Annual debt service
$46,105
Annual cash flow
-$25,585
Cash on cash return
-13.3%
Down payment
$192,500

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 sqft
Lot size
6,037 sqft
Year built
1912
Stories
0
Garage spaces
2
Style
See Remarks
Heating
See Remarks
Cooling
See Remarks
Pool
None
View
Neighborhood
Status
Active
Days on market
9
MLS #
246900165

About this property

¡¡¡¡SHORT SALE!!!! SUBJECT TO LENDER'S APPROVAL!!!! Two units for sale in Los Angeles*** Excellent opportunity for first time buyers*** Investors*** Front Unit 3 bedrooms****Second unit 3 bedrooms 1 bathroom***

Location

1212 E 42nd

Los Angeles, Los Angeles, CA, 90011

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1212 E 42nd, Los Angeles CA | Multifamily for Sale