Deal numbers
- Est. cap rate
- 3.3%
- Assumed rent, all units
- $4,620/mo
- Units
- 2
- Price per unit
- $425,000
- 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.
- Effective gross income
- $52,668
- Operating expenses
- $26,334
- Net operating income
- $26,334
- Annual debt service
- $50,896
- Annual cash flow
- -$24,562
- Cash on cash return
- -11.6%
- Down payment
- $212,500
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
- 1,388 sqft
- Lot size
- 5,770 sqft
- Year built
- 1922
- Stories
- 1
- Garage spaces
- 0
- Style
- Spanish
- Heating
- Central
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 247702440
About this property
Charming 1920s Mid-City Duplex – Fully Split Utilities & Timeless Character! Located in the highly desirable Mid-City Los Angeles area, this classic 1922 detached duplex seamlessly blends vintage charm with highly sought-after investment features. Rich in original character, the property offers a spacious 3-bedroom, 2-bathroom unit alongside a well-appointed 2-bedroom, 1-bathroom unit, totaling approximately 1,388 square feet of living space. A standout feature for investors is the rare benefit of separate meters for water, gas, and electricity—helping minimize owner utility expenses and maximize efficiency. The property also includes ample on-site parking and private yard spaces for each unit, ideal for outdoor enjoyment and tenant appeal. Additional highlights include a recently installed roof (within the past four months) and excellent potential for future expansion with space to build an ADU (buyer to verify). This is an exceptional opportunity for both owner-users and investors. The property may offer the flexibility for an owner-user to occupy one unit after close of escrow (buyer to verify city relocation requirements and local ordinances). Conveniently located near dining, transportation, and all that vibrant Mid-City has to offer, this property is a rare find combining character, functionality, and upside potential.
Location
4809 Pickford
Los Angeles, Los Angeles, CA, 90019