Est. cap rate

3.2%

Assumed rent, all units

$3,500/mo

Units

2

Price per unit

$324,444

Est. annual NOI

$21,000

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

1,344 sqft

Lot size

4,240 sqft

Year built

1923

Stories

1

Garage spaces

0

Pool

None

Status

Active

Days on market

1

MLS #

247951763

About this property

Great investment opportunity in Los Angeles! This duplex features two separate units, 3443 and 3445 Estrada St, each offering 2 bedroom and 1 bathroom. Property improvements include a new roof installed in 2023, a new bathroom in 3443 completed in 2023, and a new bathroom in 3445 completed in 2024. The garage is currently rented separately, providing an additional income stream. Garage conversion is not currently permitted as a dwelling unit; however, there may be potential for future ADU conversion/legalization, subject to City approval, permits, zoning and applicable requirements. Buyer to independently verify permits, use, square footage and ADU potential. Convenient Los Angeles location with access to shopping, dining, transportation and major freeways. Excellent income-producing opportunity with recent improvements and additional upside potential.

Location

3443 Estrada

Los Angeles, Los Angeles, CA, 90023