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Duplex at 4427 Lima
$1,120,000
4427 Lima
Los Angeles, Los Angeles, 90011
Duplex · 2 units
Active · 12 days on market

Deal numbers

Est. cap rate
1.9%
Assumed rent, all units
$3,600/mo
Units
2
Price per unit
$560,000
Est. annual NOI
$21,600
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
$41,040
Operating expenses
$20,520
Net operating income
$20,520
Annual debt service
$67,062
Annual cash flow
-$46,542
Cash on cash return
-16.6%
Down payment
$280,000

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
2,076 sqft
Lot size
7,543 sqft
Year built
1908
Stories
1
Garage spaces
0
Pool
None
View
None
Status
Active
Days on market
12
MLS #
247290255

About this property

Rare opportunity to own two beautifully remodeled detach homes on one large lot! Located in Los Angeles, this unique property features two separate residences, each offering 3 bedrooms and 2 bathrooms. Both homes have been completely remodeled with modern finishes, updated kitchens and bathrooms, new flooring, fresh paint, and updated fixtures. The property also features a brand-new driveway and a spacious lot with plenty of outdoor space and parking potential. Conveniently located near shopping, restaurants, schools, parks, public transportation, and major streets and freeways, providing easy access to Downtown Los Angeles and surrounding areas. This versatile property is ideal for extended-family living, multi-generational households, or buyers seeking the flexibility of two separate residences. A rare find with excellent potential in a convenient Los Angeles location.

Location

4427 Lima

Los Angeles, Los Angeles, CA, 90011

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

4427 Lima, Los Angeles CA | Multifamily for Sale