
Deal numbers
- Est. cap rate
- 3.3%
- Assumed rent, all units
- $5,760/mo
- Units
- 2
- Price per unit
- $525,000
- Est. annual NOI
- $34,560
- 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
- $65,664
- Operating expenses
- $32,832
- Net operating income
- $32,832
- Annual debt service
- $62,871
- Annual cash flow
- -$30,039
- Cash on cash return
- -11.4%
- Down payment
- $262,500
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
- 4
- Bathrooms
- 2
- Building size
- 1,728 sqft
- Lot size
- 6,243 sqft
- Year built
- 1922
- Stories
- 1
- Garage spaces
- 2
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 11
- MLS #
- 246917968
About this property
Excellent opportunity to own a character-filled duplex in Los Angeles’ centrally located Rampart Village area. Situated on a spacious lot, the property features two separate residences—337 and 339 Occidental—each offering 2 bedrooms and 1 bathroom, creating an appealing opportunity for an owner-occupant, multigenerational household, or investor. The property blends classic Los Angeles charm with thoughtful updates. Architectural details include inviting covered porches, abundant windows and natural light, wood trim, built-in cabinetry, fireplaces, and hardwood-style flooring. One unit features an updated kitchen with rich wood cabinetry, tile counters and stainless-steel appliances, while the other offers a refreshed kitchen with gray cabinetry, stone-look counters and stainless-steel appliances. Both residences offer comfortable floor plans and their own individual character. Outdoor spaces add even more versatility, with private patio/deck areas, mature landscaping and room to enjoy Southern California’s indoor-outdoor lifestyle. A detached garage and additional off-street parking further enhance the property’s functionality. Located in Rampart Village near Echo Park, Silver Lake, Koreatown and Downtown Los Angeles, the property provides convenient access to some of the city’s most popular dining, shopping, entertainment and employment destinations, along with major transportation routes. The surrounding neighborhood continues to see restoration, renovation and new investment, adding to the appeal of this central Los Angeles location. Whether you’re looking to live in one unit and rent the other, accommodate extended family, or add a well-located duplex to your investment portfolio, 337–339 Occidental offers flexibility, character and income potential in the heart of Los Angeles.
Location
337 N Occidental
Los Angeles, Los Angeles, CA, 90026