Est. cap rate

3.8%

Assumed rent, all units

$5,520/mo

Units

2

Price per unit

$437,500

Est. annual NOI

$33,120

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

6

Bathrooms

4

Building size

2,528 sqft

Lot size

5,750 sqft

Year built

1922

Stories

2

Garage spaces

1

Heating

Wall Furnace

Cooling

None

Pool

None

View

None

Status

Active

Days on market

29

MLS #

247149778

About this property

Rare Duplex! Two 3 BEDROOM, 2 BATHROOM units, both delivered FULLY VACANT at the close of escrow ! Whether you're looking to house hack by living in one unit and renting the other, create the perfect setup for multi-generational living, or add a turnkey investment to your portfolio, this property offers the flexibility buyers have been waiting for. Both units are equally sized and feature their own private entrances along with separately metered gas and electric service. Situated on a spacious corner lot, the property offers abundant off-street parking, including a large backyard parking area, plus a long private driveway and detached garage for the second unit. Located in the heart of Boyle Heights, you'll enjoy quick access to Downtown Los Angeles, the Arts District, USC Medical Center, and major freeways including the 5, 10, 60, 101, and 710, making commuting throughout Los Angeles simple and convenient. You're also just minutes from shopping, dining, parks, schools, and public transportation. Opportunities like this don't come around often. A FULLY VACANT DUPLEX with TWO 3 BEDROOM, 2 BATHROOM UNITS gives you the freedom to move in immediately, choose your own tenants, and maximize rental income from day one. Don't miss your chance to own a versatile property with exceptional income potential in one of Los Angeles' most centrally located neighborhoods! **OPEN HOUSES 12:00PM-3:00PM SAT/SUN 8/15 & 8/16**

Location

457 N Fresno

Los Angeles, Los Angeles, CA, 90063