
Deal numbers
- Est. cap rate
- 3.3%
- Assumed rent, all units
- $4,280/mo
- Units
- 2
- Price per unit
- $394,000
- Est. annual NOI
- $25,680
- 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
- $48,792
- Operating expenses
- $24,396
- Net operating income
- $24,396
- Annual debt service
- $47,183
- Annual cash flow
- -$22,787
- Cash on cash return
- -11.6%
- Down payment
- $197,000
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
- 1,058 sqft
- Lot size
- 4,810 sqft
- Year built
- 1910
- Stories
- 1
- Garage spaces
- 2
- Cooling
- None
- Pool
- None
- Status
- Active
- Days on market
- 16
- MLS #
- 247279122
About this property
Location, location, location...and much more! This charming 1910 Craftsman-style duplex is the timeless vintage treasure you’ve been searching for. Situated just two blocks from the opening of San Pedro’s new waterfront destination, West Harbor, and the restored Ports O’ Call site, the area is poised to become even more desirable as the trending waterfront promenade now runs from Berth 77 Park to the new Berth 84 Park. The beautifully maintained duplex offers a unique blend of privacy, functionality, and historic charm. The spacious and charming 2-bedroom, 1-bath unit features a private entrance, custom front door, hardwood floors, with a new refrigerator and a new stove. The studio unit has been remodeled with new laminate floors, new tile, fresh paint, and convenient access to a laundry room with washer and dryer hook-ups. Enjoy thoughtfully designed, low-maintenance landscaping featuring California-native plants, natural cacti, and a pair of beautiful, fruit-bearing orange and lemon trees. The fully fenced property offers gated access, a generous private rear parking area with room for multiple vehicles or an RV, and two separate garages with convenient alley access. The detached garages pose an exciting possibility for a potential ADU conversion. This is a wonderful opportunity for an investor, owner-occupied buyer, or to accommodate a multi-generational household. Celebrate the timeless craftsmanship, historic character, and lasting potential of this rare 1910 Craftsman duplex, ideally positioned in a vibrant neighborhood just moments from the West Harbor!
Location
356 W 14th
San Pedro, Los Angeles, CA, 90731