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Duplex at 337 N Occidental
$1,050,000
337 N Occidental
Los Angeles, Los Angeles, 90026
Duplex · 2 units
Active · 11 days on market

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.

5.0%
50%
25%
7.00%
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

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

337 N Occidental, Los Angeles CA | Multifamily for Sale