Est. cap rate

3.2%

Assumed rent, all units

$5,820/mo

Units

3

Price per unit

$359,667

Est. annual NOI

$34,920

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

Triplex

Bedrooms

5

Bathrooms

3

Building size

2,450 sqft

Lot size

5,449 sqft

Year built

1923

Stories

1

Garage spaces

0

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

5

MLS #

248398671

About this property

TURNKEY 2026 REMODELED DUPLEX + NEW ADU | FULLY VACANT | INVESTMENT OPPORTUNITY! Offered at $1,079,000! Discover this extensively remodeled duplex with a newly built ADU, offering three separate living spaces and exciting rental-income potential. The property features two front units, each with 2 bedrooms and 1 bathroom, plus a separate rear 1-bedroom, 1-bathroom ADU completed in 2026. REMODELED FROM TOP TO BOTTOM IN 2026! Improvements include a new roof, remodeled kitchens and bathrooms, new appliances, electrical improvements, updated walls and finishes, and central A/C in all three units. No one has lived in the property since the renovation. Major improvements are complete, allowing the next owner to focus on leasing rather than undertaking a major renovation. PROJECTED RENTAL INCOME: • Front 2BD/1BA: $3,500/month • Front 2BD/1BA: $3,500/month • Rear 1BD/1BA ADU: $2,200/month TOTAL PROJECTED GROSS RENT: $9,200/MONTH | $110,400/YEAR. At the asking price, this represents approximately a 10.2% gross rental yield before operating expenses, vacancy, financing, taxes, insurance, and other costs. LIVE IN ONE, RENT THE OTHER TWO! Owner-occupants can live in one front unit while renting the other unit and ADU. Investors can lease all three spaces to establish multiple income streams from one property. Delivered fully vacant, the property offers flexibility to establish new leases and a rental strategy. THINK LONG-TERM: Investors may benefit from rental income, potential rent growth, and future appreciation. An illustrative future value of $1.5 million would represent approximately $421,000 in gross appreciation from the asking price, before selling costs, financing, taxes, and other expenses. Future value is not guaranteed. Three separate living spaces. Extensive 2026 renovations. Newly built ADU. Central A/C throughout. Fully vacant and ready for its next chapter!

Location

1745 W 39th

Los Angeles, Los Angeles, CA, 90062