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Duplex at 4034 Brighton Ave
$850,000
4034 Brighton Ave
Los Angeles, Los Angeles, 90062
Duplex · 2 units
Active · 21 days on market

Deal numbers

Est. cap rate
2.7%
Assumed rent, all units
$3,880/mo
Units
2
Price per unit
$425,000
Est. annual NOI
$23,280
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
$44,232
Operating expenses
$22,116
Net operating income
$22,116
Annual debt service
$50,896
Annual cash flow
-$28,780
Cash on cash return
-13.5%
Down payment
$212,500

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
2
Building size
2,628 sqft
Lot size
6,963 sqft
Year built
1939
Stories
1
Garage spaces
2
Cooling
Central Air
Pool
None
View
None
Status
Active
Days on market
21
MLS #
247334860

About this property

Opportunity awaits at 4034 Brighton Avenue! This spacious Los Angeles duplex offers a combined 4 bedrooms, 2 & 1/2 bathrooms, approximately 2,628 square feet of living space, and a 6,963 lot size. Featuring an open floor plan, the property offers comfortable, versatile living with two separate residential units. This property presents an excellent opportunity for an investor looking to expand a rental portfolio or a buyer seeking the flexibility of multi-unit living and potential rental income. One unit is occupied by a long-term, reliable tenant with an established rental history. Recent interior upgrades include new flooring, elegant wainscoting in the dining room that adds character and architectural charm, and beautiful natural beige stone stairs complemented by decorative black wrought-iron-style metal railings, creating a warm and inviting atmosphere. Additional improvements include a roof with reflective shingles designed to help reduce heat absorption, plumbing upgrades, new water heaters, and convenient motion-activated bathroom lighting. Enjoy the convenience of a long driveway leading to a detached two-car garage, with additional parking in the backyard. The generous backyard offers ample outdoor space for relaxation, entertaining, or creating your own private retreat. Conveniently located near shopping, dining, schools, transportation, the Crypto.com Arena, the California Science Center, Exposition Park, USC, shopping, dining, and public transportation. Approximately 10 minutes from the 110 and 10 freeways, providing easy access to Downtown Los Angeles and surrounding communities. The property will be sold subject to the existing tenancy, offering an excellent opportunity for an owner-occupant seeking multi-generational living or an investor looking to expand a rental portfolio and generate potential rental income. Please do not disturb occupants. Buyer to independently verify square footage, bedroom and bathroom configuration, permits, roof specifications, improvements, parking, rental information, tenancy terms, and applicable rent-control requirements.

Location

4034 Brighton Ave

Los Angeles, Los Angeles, CA, 90062

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

4034 Brighton Ave, Los Angeles CA | Multifamily for Sale