Deal numbers
- Est. cap rate
- 3.3%
- Assumed rent, all units
- $3,800/mo
- Units
- 2
- Price per unit
- $349,950
- Est. annual NOI
- $22,800
- 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
- $43,320
- Operating expenses
- $21,660
- Net operating income
- $21,660
- Annual debt service
- $41,908
- Annual cash flow
- -$20,248
- Cash on cash return
- -11.6%
- Down payment
- $174,975
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
- Bathrooms
- 2
- Building size
- 1,768 sqft
- Lot size
- 6,677 sqft
- Year built
- 1924
- Stories
- 1
- Garage spaces
- 2
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 34
- MLS #
- 247183942
About this property
Prime Hyde Park Duplex Opportunity! Welcome to 4616–4618 6th Avenue, a well located Duplex offering updated interiors, recent improvements, and income potential in the heart of Los Angeles. Unit 4616 features new flooring and an updated bathroom, while Unit 4618 has been fully remodeled with modern finishes and includes a new refrigerator and stove. Both units also feature new electrical panels, providing a valuable recent upgrade to the property. The property is currently generating $1,915 per month in rental income, offering an immediate income producing opportunity for an investor or owner user. Ideally situated in Hyde Park near Leimert Park and Angeles Mesa, the property is conveniently located near the Crenshaw corridor, USC, and Inglewood, with easy access to restaurants, shopping, entertainment, transportation, and major Los Angeles destinations.With two separate units, updated interiors, new electrical panels, upgraded appliances, and established rental income, 4616–4618 6th Avenue offers flexibility and opportunity in a centrally located Los Angeles community. Whether you’re looking to expand your investment portfolio or seeking an owner-user opportunity with rental income, this Hyde Park duplex presents an excellent opportunity to own property in a vibrant and evolving Los Angeles neighborhood.
Location
4616 6th Avenue
Los Angeles, Los Angeles, CA, 90043