
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.
- 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