Est. cap rate

3.1%

Assumed rent, all units

$4,480/mo

Units

2

Price per unit

$434,950

Est. annual NOI

$26,880

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

4

Bathrooms

3

Building size

2,412 sqft

Lot size

5,122 sqft

Year built

1923

Stories

1

Garage spaces

1

Style

Craftsman

Heating

See Remarks

Cooling

See Remarks

Pool

None

View

Neighborhood

Status

Active

Days on market

10

MLS #

248015033

About this property

**Seller can pay $20,000.00 towards Buyers Closing Cost** Newly REMODLED VACANT DUPLEX in the City of Los Angeles! Don’t miss this opportunity to own this Craftsman-style DUPLEX featuring a Spacious 3bedroom 2bath Front Unit & 1Bedroom 1Bath Back Unit along with a Detached 1 Car Garage. Front Unit: 1132 W 56th St Features a Spacious (1840 SQ FT) 3bedroom 2bath home with New Cool Roof, Fresh Interior/Exterior Paint, Open-Concept layout, New Custom kitchen with Quartz countertops, New Appliances, Luxury vinyl plank flooring, Recessed lighting, Remodeled bathrooms, Indoor laundry hookups, New Mini-split, Plumbing & Electrical upgrades and much more! The spacious Primary suite in the front unit has a private entrance, ideal for in-law quarters or JR ADU and is well suited for multigenerational living. Back Unit: 1134 W 56th St, Features a (572 SQ FT) 1bedroom 1bath rear unit with New Cool Roof, New Electrical Panel, New Electrical Re-wire, Fresh Interior/Exterior Paint, Open-Concept layout, New Custom kitchen with Quartz countertops, New Appliances, Luxury vinyl plank flooring, Recessed lighting, Remodeled bathroom, Indoor laundry hookups, New Mini-split, Plumbing & Electrical upgrades and much more! Enjoy the Newly landscaped backyard with Artificial turf and New Modern Cement Pavers! There is parking available on the Front driveway and also a Detached 1 Car Garage with dual access doors for additional parking in backyard. Great Duplex opportunity in the City of Los Angeles! Make your appointment to see this home today FHA and VA Offers welcomed!

Location

1132 W 56th

Los Angeles, Los Angeles, CA, 90037