Deal numbers
- Est. cap rate
- 1.3%
- Assumed rent, all units
- $6,680/mo
- Units
- 2
- Price per unit
- $1,487,500
- Est. annual NOI
- $40,080
- 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
- $76,152
- Operating expenses
- $38,076
- Net operating income
- $38,076
- Annual debt service
- $178,135
- Annual cash flow
- -$140,059
- Cash on cash return
- -18.8%
- Down payment
- $743,750
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
- 4,345 sqft
- Lot size
- 6,075 sqft
- Year built
- 1933
- Stories
- 2
- Garage spaces
- 2
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 27
- MLS #
- 247090536
About this property
Price Reduced! Lovely duplex in Beverly Hills for sale. This property is an excellent owner-user opportunity with the existing upstairs unit. There are many distinctive features in this charming 1930’s era residential income property. Enjoy the beautiful touches such as, hardwood floors, wall moulding, and tile. The property also has a nice front yard and back yard, plus a fireplace in each unit. This gorgeous Beverly Hills duplex is located near the areas of Century City and Pico-Robertson. Don’t miss out on this wonderful opportunity!!
Location
423 S Palm Drive
Beverly Hills, Los Angeles, CA, 90212