Est. cap rate

1.8%

Assumed rent, all units

$4,620/mo

Units

2

Price per unit

$787,500

Est. annual NOI

$27,720

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

3

Building size

2,492 sqft

Lot size

5,599 sqft

Year built

1922

Stories

2

Garage spaces

0

Style

Spanish

Heating

Electric,Ductless,High Efficiency,ENERGY STAR Qualified Equipment

Cooling

Electric,Wall/Window Unit(s),Ductless,Zoned,High Efficiency,ENERGY STAR Qualified Equipment

Pool

None

View

Mountain(s),Landmark,Neighborhood,Peek-A-Boo

Status

Active

Days on market

9

MLS #

247668363

About this property

Welcome to 341 Douglas St, where classic Los Angeles character meets thoughtful modern living and where your home can offer so much more than just a place to live. The Spanish inspired façade, graceful arches, warm exterior lighting, mature greenery, and distinct entrances create the charm of a classic LA residence with remarkable flexibility inside. Step through the front door and the feeling is bright, warm, and inviting. Natural light fills the living spaces, complemented by warm wood-tone cabinetry, modern kitchens, stainless-steel appliances, beautifully updated bathrooms, SPC flooring, MINI-SPLIT HVAC, in-unit laundry, and designer-curated finishes throughout. What makes 341 Douglas truly unique is the way it lives. The property offers THREE DISTINCT RESIDENCES: Duplex homes, each with 2 bedrooms and 1.5 baths, plus a separate 1-bed, 1-bath ADU for a combined 5 bedrooms + 4 bathrooms across approximately 2,492 SF. The residences are individually addressed as 341, 343, and 341 1/2 Douglas St., creating separation and privacy within one property. Imagine enjoying your own beautifully renovated residence while having additional space for rental-income potential, guests, a separate household, or changing needs over time. It’s a home you can enjoy today while creating options for tomorrow. The renovation goes far beyond cosmetic updates. Major improvements include new sewer and water lines, 400-amp electrical service with new wiring, new roof, framing reinforcement, windows and doors, stucco, insulation, kitchens, bathrooms, flooring, appliances, landscaping, fencing, metal entry gate, and concrete rear parking. The upgraded electrical service also offers future individual EV-charging potential. Ample six car off-street parking provides exceptional convenience for residents and guests. Enjoy views toward the HOLLYWOOD SIGN while living just west of Downtown Los Angeles and moments from Echo Park and Silver Lake, with convenient access to dining, shopping, parks, transit, nearby medical center and the 101, 110, 5 and 10 freeways. LIVE IN ONE AND RENT THE OTHERS. Create a flexible multi-unit lifestyle, or simply enjoy a TURNKEY, MOVE-IN READY home offering more possibilities than a traditional single-family residence. 341 Douglas Street brings together CLASSIC LA CHARACTER, MODERN COMFORT, PRIVACY, FLEXIBILITY + INCOME POTENTIAL. All in one thoughtfully reimagined Central Los Angeles property.

Location

341 Douglas Street

Los Angeles, Los Angeles, CA, 90026