Est. cap rate

1.3%

Assumed rent, all units

$3,440/mo

Units

2

Price per unit

$799,950

Est. annual NOI

$20,640

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

2,640 sqft

Lot size

4,837 sqft

Year built

1928

Stories

2

Garage spaces

0

Heating

Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

21

MLS #

247360219

About this property

Two homes. One property. Endless possibilities. Welcome to 2326 Riverdale Ave, a beautifully renovated duplex offering two separate residences and an exceptionally versatile opportunity for homeowners, multigenerational living, or investors. The front residence features 3 bedrooms and 2 bathrooms, while the spacious rear residence offers an impressive 5 bedrooms and 3 bathrooms—giving you a total of 8 bedrooms and 5 bathrooms across the property. Both homes have been thoughtfully updated with a fresh, modern aesthetic, including new windows, durable LVP flooring, quartz countertops, updated kitchens and bathrooms, and contemporary finishes throughout. Warm wood-tone cabinetry, stylish tilework, upgraded showers, abundant natural light, and inviting living spaces create interiors that feel polished yet comfortable. The front home is especially charming with its distinctive arched window, while both residences offer their own character and sense of separation. The layout opens the door to multiple ownership strategies. Live in one home while renting the other to help offset your monthly payment, create space for extended family while maintaining privacy, or rent both residences and take advantage of the property as a true income-producing investment. With two renovated homes on one lot and a rare combination of space, functionality, and flexibility, 2326 Riverdale Ave is the kind of property that works just as well as a home as it does an investment.

Location

2326 Riverdale Avenue

Los Angeles, Los Angeles, CA, 90031