Est. cap rate

2.3%

Assumed rent, all units

$3,560/mo

Units

2

Price per unit

$472,500

Est. annual NOI

$21,360

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

2,496 sqft

Lot size

8,469 sqft

Year built

1998

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

1

MLS #

247938532

About this property

Generating approximately $78,000 in yearly revenue with a rare 7.89% cap rate, this income-producing duplex sits on an expansive 8,500 sq ft flat lot — that presents a compelling opportunity to add 2 or more additional residential units or ADUs, with the added benefit of the bottom unit being completely remodeled and vacant, creating multiple avenues to expand rental income while maximizing the property's highest and best use. Investment opportunities that combine strong current returns with this level of future development potential on a flat, buildable lot are becoming increasingly rare — and increasingly valuable. Each unit offers 4 bedrooms, 2 bathrooms, and 1,248 sq ft of spacious living space — a size and layout that feels like a single-family residence, attracting quality long-term tenants and keeping vacancy low.

Location

10974 Willowbrook Avenue

Los Angeles, Los Angeles, CA, 90059