Est. cap rate

2.1%

Assumed rent, all units

$4,620/mo

Units

2

Price per unit

$675,000

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.

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

3,380 sqft

Lot size

4,782 sqft

Year built

1926

Stories

2

Garage spaces

1

Pool

None

Status

Active

Days on market

12

MLS #

247920314

About this property

1926 Spanish Revival duplex in Echo Park, 90026, with the upper unit open for occupancy at close of escrow. Live upstairs and collect rent from the lower unit, or lease both. Each unit has three (3) bedrooms, one (1) full bath, and one (1) half bath, for approximately 3,380 square feet total on a 4,782-square-foot lot. Rooftop solar is owned and paid off. The upper unit has hardwood floors, coved ceilings, French doors with an iron railing, central air, in-unit laundry, and an updated kitchen that opens to a bay-windowed breakfast room with a built-in china cabinet. Outside: red clay-tile roof, smooth stucco, arched details, decorative ironwork, a terraced front garden, a rear patio shaded by a mature fruit tree, and a long driveway to a rear garage. Rated very walkable, near Elysian Park, Dodger Stadium, Echo Park Lake, and Sunset Boulevard dining and shops. Subject to the City of Los Angeles Rent Stabilization Ordinance.

Location

1441 Scott Avenue

Los Angeles, Los Angeles, CA, 90026