Est. cap rate

3.1%

Assumed rent, all units

$6,960/mo

Units

2

Price per unit

$679,000

Est. annual NOI

$41,760

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

2

Bathrooms

1

Building size

1,088 sqft

Lot size

5,764 sqft

Year built

1928

Stories

1

Garage spaces

1

Style

Spanish

Cooling

Central Air

Pool

None

View

City Lights

Status

Active

Days on market

7

MLS #

247882765

About this property

Flipping Opportunity | Prime Location | No HOA | Single-Story Home Welcome to 632 N. Detroit, Los Angeles! This single-family, single-story home sits on an approximately 5,764 SF lot in a highly desirable location, tucked just behind a vibrant and affluent area and surrounded by some of Los Angeles’ most sought-after destinations. Enjoy the convenience of being within walking distance of local shops, coffee houses, and a variety of restaurants, with everyday amenities just steps away. The property also offers easy access to The Grove, Farmers Market, Hollywood Boulevard, renowned museums, cultural attractions, shopping, dining, and entertainment. Conveniently located for commuting throughout Los Angeles, with easy alley access. Bring your team, your vision, and your imagination! This property presents an exciting opportunity for investors, builders, or owner-users to transform a well-located home into a beautiful residence while unlocking significant upside potential. With no HOA, a generous lot, and opportunities for renovation, expansion, or further development, there are many possibilities to explore. Possible plans are available, or bring your own vision and maximize the potential of this well-located property. The property may also offer flexibility for certain home-based business or family-oriented uses, subject to applicable zoning and city regulations. private drive way plus street parking for the first come first serve basis. Whether you're looking for a fix-and-flip, development opportunity, renovation project, or long-term investment, this property offers an exceptional combination of location, lot size, accessibility, and potential. Location + Development Potential + Investment Upside Motivated seller. Reasonably priced and ready for your next project! Don't miss this opportunity to unlock the full potential of 632 N. Detroit and create something truly special in the heart of Los Angeles.

Location

632 N Detroit

West Hollywood, Los Angeles, CA, 90036