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Duplex at 1302 W 35th
$1,695,000
1302 W 35th
Los Angeles, Los Angeles, 90007
Duplex · 2 units
Active · 7 days on market

Deal numbers

Est. cap rate
1.3%
Assumed rent, all units
$3,640/mo
Units
2
Price per unit
$847,500
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.

5.0%
50%
25%
7.00%
Effective gross income
$41,496
Operating expenses
$20,748
Net operating income
$20,748
Annual debt service
$101,492
Annual cash flow
-$80,744
Cash on cash return
-19.1%
Down payment
$423,750

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
3,027 sqft
Lot size
6,252 sqft
Year built
1924
Stories
2
Garage spaces
0
Heating
Natural Gas,Forced Air,Central
Cooling
Central Air
Pool
None
Status
Active
Days on market
7
MLS #
247556993

About this property

Excellent USC-area income opportunity featuring an updated front residence plus a newer permitted rear ADU on an approximately 6,250 sq. ft. lot. The front residence offers approximately 1,827 sq. ft. with a current 6-bedroom / 4-bath configuration, while the rear ADU offers 3 bedrooms / 4 bathrooms. The property provides strong bedroom and bathroom utility, substantial off-street parking, and a flexible setup for investment or owner-user strategies. Conveniently located near USC and within the broader USC rental market. Buyer to verify all square footage, bedroom/bathroom counts, permits, use, unit configuration, and other property information to their satisfaction.

Location

1302 W 35th

Los Angeles, Los Angeles, CA, 90007

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1302 W 35th, Los Angeles CA | Multifamily for Sale