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Duplex at 9614 Graham Ave
$850,000
9614 Graham Ave
Los Angeles, Los Angeles, 90002
Duplex · 2 units
Active · 3 days on market

Deal numbers

Est. cap rate
4.0%
Assumed rent, all units
$5,620/mo
Units
2
Price per unit
$425,000
Est. annual NOI
$33,720
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.

5.0%
50%
25%
7.00%
Effective gross income
$64,068
Operating expenses
$32,034
Net operating income
$32,034
Annual debt service
$50,896
Annual cash flow
-$18,862
Cash on cash return
-8.9%
Down payment
$212,500

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
7
Bathrooms
4
Building size
2,838 sqft
Lot size
6,652 sqft
Year built
1950
Stories
2
Garage spaces
2
Heating
Central
Cooling
See Remarks
Pool
None
View
See Remarks
Status
Active
Days on market
3
MLS #
247952495

About this property

Two Detached Units on One Lot | Excellent Investment Opportunity This property features two separate detached units with a total of 7 bedrooms and 4 bathrooms. The front unit offers 4 bedrooms and 2 bathrooms, while the rear unit, located above the garages, offers 3 bedrooms and 2 bathrooms. The units are fully detached, do not share a common wall, and each has its own separate entrance. Both units feature updated kitchen cabinets and countertops, along with separate water, gas, and electric meters. The property also offers two one-car garages, three carport spaces, and additional parking. Property records reportedly show the property as a triplex currently being used as a duplex. Buyer to verify all information and requirements with the City of Los Angeles, County of Los Angeles, State of California, and applicable local agencies. A great opportunity to own two detached units on one lot with flexible possibilities and strong investment appeal.

Location

9614 Graham Ave

Los Angeles, Los Angeles, CA, 90002

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

9614 Graham Ave, Los Angeles CA | Multifamily for Sale