Est. cap rate

2.6%

Assumed rent, all units

$3,500/mo

Units

2

Price per unit

$399,250

Est. annual NOI

$21,000

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

3

Bathrooms

2

Building size

1,002 sqft

Lot size

5,793 sqft

Year built

1904

Stories

1

Garage spaces

0

Style

Traditional

Cooling

Central Air,Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

34

MLS #

247071180

About this property

WOW!!! DUPLEX FOR SALE! Presenting two charming bungalow-style duplex units in Boyle Heights, featuring a large private driveway and plenty of private parking space! The front unit offers a 2-bedroom, 1-bathroom floor plan with a private front patio. The rear residence features 1 bedroom and 1 bathroom—a perfect opportunity for owner-users to live in the front unit and offset their monthly mortgage with rental income from the second unit! The property also boasts a spacious rear yard with ample room for storage and outdoor enjoyment, along with two large storage structures offering tons of potential for your own projects. Buyer to independently verify all property information, including square footage and room dimensions. Property is going to be delivered UNOCCUPIED!

Location

518 S Concord

Los Angeles, Los Angeles, CA, 90063