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Duplex at 4768 Topanga Canyon Boulevard
$999,000
4768 Topanga Canyon Boulevard
Woodland Hills, Los Angeles, 91364
Duplex · 2 units
Active · 1 days on market

Deal numbers

Est. cap rate
4.2%
Assumed rent, all units
$6,980/mo
Units
2
Price per unit
$499,500
Est. annual NOI
$41,880
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
$79,572
Operating expenses
$39,786
Net operating income
$39,786
Annual debt service
$59,817
Annual cash flow
-$20,031
Cash on cash return
-8.0%
Down payment
$249,750

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
2,033 sqft
Lot size
5,858 sqft
Year built
1959
Stories
1
Garage spaces
0
Style
Traditional
Heating
Wall Furnace,Central
Cooling
Central Air,Wall/Window Unit(s)
Pool
Private
View
None
Status
Active
Days on market
1
MLS #
247651762

About this property

Prime “South of Blvd” duplex with a refreshing pool and a vacancy affording you an amazing opportunity to move right into the rear unit with your very own non-shared private rear yard with pool or rent out at fair market value and collect the mula! Each unit offering 2 bedrooms and 1 bath at appx 1,000 sq. ft. features hardwood flooring and cozy fireplaces. Units are individually metered for gas and electric and owner pays water. Shared laundry room and covered parking are ideal. This incredible locale places you mere moments to the Blvd in one direction and a serene canyon drive to the beautiful blue pacific in another. If you have any kiddos, these are some great schools too....Don’t miss!

Location

4768 Topanga Canyon Boulevard

Woodland Hills, Los Angeles, CA, 91364

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

4768 Topanga Canyon Blvd, Woodland Hills CA | Multifamily for Sale