Est. cap rate

3.2%

Assumed rent, all units

$3,640/mo

Units

2

Price per unit

$337,500

Est. annual NOI

$21,840

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

2

Building size

1,900 sqft

Lot size

3,732 sqft

Year built

1924

Stories

1

Garage spaces

0

Style

Bungalow

Heating

Wall Furnace

Cooling

None

Pool

None

View

None

Status

Active

Days on market

1

MLS #

247259408

About this property

Opportunity awaits with this Los Angeles duplex offering flexibility for both investors and owner-occupants. Unit 420 is vacant and ready for its next occupant, providing an excellent opportunity to live in one unit while generating income from the other, or to add to an investment portfolio. The property features spacious interiors with abundant natural light, generously sized living areas, kitchens, bathrooms, and charming architectural details throughout. One unit features updated flooring in portions of the living space, while the vacant unit offers an opportunity for improvements and personalization. The property also includes gated entry, outdoor space, and a rear yard/patio area. Conveniently located near major streets, shopping, schools, public transportation, and easy access to Downtown Los Angeles. Property is being sold in its present condition. A great value-add opportunity with income potential in an established Los Angeles neighborhood.

Location

422 N Mott Street

Los Angeles, Los Angeles, CA, 90033