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Duplex at 1321 Sanborn
$2,250,000
1321 Sanborn
Los Angeles, Los Angeles, 90027
Duplex · 2 units
Active · 198 days on market

Deal numbers

Est. cap rate
1.8%
Assumed rent, all units
$6,880/mo
Units
2
Price per unit
$1,125,000
Est. annual NOI
$41,280
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
$78,432
Operating expenses
$39,216
Net operating income
$39,216
Annual debt service
$134,724
Annual cash flow
-$95,508
Cash on cash return
-17.0%
Down payment
$562,500

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
5
Bathrooms
2
Building size
1,786 sqft
Lot size
6,700 sqft
Year built
1904
Stories
1
Garage spaces
3
Cooling
Wall/Window Unit(s)
Pool
None
View
Trees/Woods,Hills
Status
Active
Days on market
198
MLS #
247234420

About this property

Charming, Move-In Ready Duplex in Franklin Hills — 1321 & 1323 Sanborn! Rare two-house compound in the coveted Franklin Hills pocket of Los Feliz. Situated on a 6,700 sq. ft. lot, this detached duplex offers privacy and income potential: a front house with 3 bedrooms and 2 bathrooms, and a back house with 2 bedrooms, a bonus room and 1 bathroom. Each unit has its own gas meter and electrical panel, making this an ideal owner-occupier property with rental upside or a turnkey investment. Highlights - Thoughtfully renovated throughout: new hardwood flooring, fresh paint, updated light fixtures, new kitchen cabinetry with quartz countertops, and remodeled bathrooms. - Comfort upgrades include mini-split AC/heaters and updated stucco exterior. - Private, landscaped yard with mature trees creates a serene, garden-like setting perfect for relaxing or meditation. - Extended concrete driveway, 2-car garage plus additional parking. - Rooftop deck above the garage with views of the Hollywood Hills — on clear days you can spot the Hollywood sign. - Prime location: steps from Los Feliz dining and shopping, with easy access to the nightlife and boutiques of Silver Lake and Hollywood. Ideal for buyers seeking a comfortable primary residence with rental income potential. A well-maintained, turnkey property.

Location

1321 Sanborn

Los Angeles, Los Angeles, CA, 90027

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1321 Sanborn, Los Angeles CA | Multifamily for Sale