Deal numbers
- Est. cap rate
- 3.3%
- Assumed rent, all units
- $3,800/mo
- Units
- 2
- Price per unit
- $349,500
- Est. annual NOI
- $22,800
- 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
- $43,320
- Operating expenses
- $21,660
- Net operating income
- $21,660
- Annual debt service
- $41,854
- Annual cash flow
- -$20,194
- Cash on cash return
- -11.6%
- Down payment
- $174,750
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
- 1,714 sqft
- Lot size
- 4,923 sqft
- Year built
- 1925
- Stories
- 2
- Garage spaces
- 1
- Heating
- Wall Furnace
- Cooling
- None
- Pool
- None
- Status
- Active
- Days on market
- 3
- MLS #
- 248370662
About this property
Charming Duplex with Investment Potential – Move-In Ready! Built in 1925, this two-story, 1,714 sq. ft. multifamily property sits on a generous 4,923 sq. ft. lot and offers an excellent opportunity for both owner-occupants and investors. The property features two separate units: an upstairs 3-bedroom, 1-bath unit and a downstairs 1-bedroom, 1-bath unit with a one-car garage. The downstairs unit is newly renovated. With a spacious lot and potential to add additional units. Whether you're looking to live in one unit while renting the other or maximize your investment portfolio, this property offers versatility, rental income potential, and room to grow.
Location
5429 2nd
Los Angeles, Los Angeles, CA, 90043