Est. cap rate

3.5%

Assumed rent, all units

$5,700/mo

Units

2

Price per unit

$488,750

Est. annual NOI

$34,200

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

6

Bathrooms

3

Building size

2,146 sqft

Lot size

5,706 sqft

Year built

1901

Stories

2

Garage spaces

1

Heating

Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

20

MLS #

247664847

About this property

Completely remodeled Duplex offers an excellent opportunity for investors or owner-occupants looking for flexibility and income potential. Unit 1 features 4 bedrooms and 2 bathrooms, while Unit 2 offers 2 bedrooms and 1 bathroom. Both units are turnkey, vacant, and ready for their next owners or tenants. The property also features an unpermitted garage conversion, providing additional space and an opportunity for the new owner to explore its potential and possible future use. Conveniently located near USC, major hospitals, the 10 Freeway, BMO Stadium, Crypto.com Arena, the Lucas Museum of Narrative Art, and many other popular destinations. With easy access to transportation, entertainment, employment, and educational institutions, this property offers both convenience and versatility. A great opportunity to own a vacant, turnkey duplex in a highly accessible Los Angeles location!

Location

1352 23 rd

Los Angeles, Los Angeles, CA, 90011