Est. cap rate

2.9%

Assumed rent, all units

$5,580/mo

Units

2

Price per unit

$584,950

Est. annual NOI

$33,480

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

5

Bathrooms

3

Building size

2,147 sqft

Lot size

6,743 sqft

Year built

1924

Stories

2

Garage spaces

3

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

10

MLS #

247651910

About this property

Honey stop the car, this is the one!! FHA/VA offers are welcomed to this Turnkey, fully remodeled duplex offering two residences on one lot in the heart of Inglewood. The corner Unit 1 features 3 bedrooms, 2 bathrooms, and an attached 2-car garage. Unit 2 offers 2 bedrooms, 1 bathroom, a detached 1-car garage, and a storage shed. Both units have been completely updated and are move-in ready, with no work needed. Major systems are already done: new HVAC in both units, the Unit 1 electrical panel replaced about a year ago, and a brand-new electrical panel in Unit 2. Each unit has its own electric meter and gas meter, making utilities simple to manage and keeping ownership costs predictable. Live in one unit and rent the other to help offset your mortgage, rent both for strong income in a high-demand rental market, or keep the property in the family. Enjoy a location with plenty to do. Edward Vincent Jr. Park is within walking distance and offers a kids' playground, pool, tennis courts, skate park, amphitheater, baseball and basketball courts, fitness equipment, multipurpose fields, picnic areas, volleyball, and a walking path. Hollywood Park Casino, Intuit Dome, the Kia Forum, and Inglewood Park Cemetery are all close by, along with SoFi Stadium, dining, shopping, and easy freeway access. Two remodeled homes, updated systems, and separate meters are a rare combination. Schedule your private showing today! Information deemed reliable but not guaranteed. Buyer to verify all details, including square footage, lot size, permits, zoning, schools, and condition, and to conduct their own inspections and due diligence.

Location

918 E 68th Street

Inglewood, Los Angeles, CA, 90302