Deal numbers
- Est. cap rate
- 0.6%
- Assumed rent, all units
- $5,320/mo
- Units
- 2
- Price per unit
- $2,700,000
- Est. annual NOI
- $31,920
- 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
- $60,648
- Operating expenses
- $30,324
- Net operating income
- $30,324
- Annual debt service
- $323,337
- Annual cash flow
- -$293,013
- Cash on cash return
- -21.7%
- Down payment
- $1,350,000
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
- 1
- Building size
- 9,424 sqft
- Lot size
- 7,502 sqft
- Year built
- 2025
- Stories
- 3
- Garage spaces
- 2
- Cooling
- Central Air
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 4
- MLS #
- 247946753
About this property
5654 La Mirada Ave features 32 private bedrooms, each with its own private bathroom, offering an attractive co-living investment with strong rental income potential. Residents enjoy shared kitchens and convenient washer/dryer facilities on each floor. Ideally located in the heart of Hollywood with easy freeway access, the property is close to supermarkets, restaurants, Home Depot, shopping, entertainment, and the iconic Hollywood Walk of Fame. With 32 individually rentable units and a highly desirable Hollywood location, this property presents an excellent opportunity for investors seeking strong cash flow and long-term investment potential.
Location
5652 La Mirada Avenue
Los Angeles, Los Angeles, CA, 90038