
Deal numbers
- Est. cap rate
- 1.7%
- Assumed rent, all units
- $6,960/mo
- Units
- 2
- Price per unit
- $1,194,000
- Est. annual NOI
- $41,760
- 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
- $79,344
- Operating expenses
- $39,672
- Net operating income
- $39,672
- Annual debt service
- $142,987
- Annual cash flow
- -$103,315
- Cash on cash return
- -17.3%
- Down payment
- $597,000
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
- 2
- Building size
- 4,890 sqft
- Lot size
- 7,012 sqft
- Year built
- 1935
- Stories
- 2
- Garage spaces
- 2
- Pool
- None
- Status
- Active
- Days on market
- 6
- MLS #
- 248313901
About this property
Designer Spanish Revival Duplex in the Heart of Miracle Mile A rare opportunity to own an exceptionally spacious Spanish Revival duplex in the heart of coveted Miracle Mile, pairing timeless architectural character with sophisticated designer finishes and substantial modern upgrades. Each unit offers more than 2,400 square feet, with 3 generously sized bedrooms and 2 full bathrooms, creating the scale and feel of 2 sizable single-family homes. The newly renovated upper residence will be delivered VACANT, offering the rare opportunity to move directly into a beautifully renovated 2,400+ sq-ft home while enjoying the added flexibility and income of a second residence below. The upper unit showcases a stunning designer chef's kitchen with waterfall Quartzite countertops, brand-new stainless steel appliances, and elevated contemporary finishes. A modern limewashed formal dining room flows seamlessly into the kitchen and oversized living room, featuring a private balcony with sweeping views of the Santa Monica mountains and Century City. Throughout both units, original Spanish Revival details have been thoughtfully preserved and enhanced, including refinished hardwood floors, high arched ceilings, original crown molding, and intricate scrollwork. The spacious primary suite offers a private retreat with a walk-in closet and en-suite bathroom featuring a luxurious soaking tub, separate standing shower, dual sinks, and high-end finishes. Substantial infrastructure improvements include a brand-new roof, central HVAC, double-pane windows, upgraded plumbing, tankless water heater, new electrical main and subpanels, and more. The property also offers exceptional outdoor and parking amenities, including a private patio, thoughtfully landscaped front yard, and a fresh line of mature ficus providing privacy from neighboring properties. (2) separate 2-car garages—one dedicated to each residence—provide four private parking spaces, a rare and highly desirable amenity in central Los Angeles. Ideally located near Fairfax and Wilshire, the property places you within walking distance of the LACMA, Museum Row, The Grove, acclaimed restaurants, shopping, entertainment, and some of Los Angeles' most iconic cultural destinations. Beverly Hills, West Hollywood, Hancock Park, and the broader Westside are also conveniently accessible. Possible future flexibility, the property offers potential for additional ADU development without sacrificing the existing garage.
Location
900 S Curson
Los Angeles, Los Angeles, CA, 90036