Deal numbers
- Est. cap rate
- 3.1%
- Assumed rent, all units
- $4,280/mo
- Units
- 2
- Price per unit
- $417,500
- Est. annual NOI
- $25,680
- 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
- $48,792
- Operating expenses
- $24,396
- Net operating income
- $24,396
- Annual debt service
- $49,997
- Annual cash flow
- -$25,601
- Cash on cash return
- -12.3%
- Down payment
- $208,750
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
- 3
- Bathrooms
- 4
- Building size
- 1,884 sqft
- Lot size
- 5,000 sqft
- Year built
- 1919
- Stories
- 1
- Garage spaces
- 2
- Heating
- Heat Pump
- Cooling
- Heat Pump
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 8
- MLS #
- 248451476
About this property
Two homes, one great address! This charming side-by-side duplex sits in the heart of central San Pedro, just east of Gaffey Street. Both single-level units come with their own private entrance, their own backyard and their own one-car garage, plus in-unit washer and dryer and a dishwasher. Unit 656 shines with a beautifully remodeled, open and airy layout featuring 1 bedroom and 1.5 baths, while Unit 658 offers 2 bedrooms and 2 baths. Approx. 1,884 sq ft on a 5,000 sq ft lot. Live in one unit and rent the other, or hold both as an investment. Opportunities like this don’t come around often!
Location
656 W 13th Street
San Pedro, Los Angeles, CA, 90731