Deal numbers
- Est. cap rate
- 3.0%
- Assumed rent, all units
- $4,440/mo
- Units
- 2
- Price per unit
- $449,500
- Est. annual NOI
- $26,640
- 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
- $50,616
- Operating expenses
- $25,308
- Net operating income
- $25,308
- Annual debt service
- $53,830
- Annual cash flow
- -$28,522
- Cash on cash return
- -12.7%
- Down payment
- $224,750
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
- 1,383 sqft
- Lot size
- 5,223 sqft
- Year built
- 1959
- Stories
- 1
- Garage spaces
- 0
- Heating
- Wall Furnace
- Pool
- None
- Status
- Active
- Days on market
- 2
- MLS #
- 248451996
About this property
Welcome to a fantastic opportunity in Glassell Park, one of Los Angeles’ most vibrant neighborhoods. This versatile duplex is ideal for a first-time homebuyer, multigenerational household, or investor. The front unit features two bedrooms and one bathroom, while the rear unit offers one bedroom and one bathroom—perfect for generating rental income or providing a private space for family or guests. The fully fenced backyard has plenty of room for gardening, outdoor entertaining, or play. Enjoy the energy and convenience of Los Angeles living with the welcoming feel of a close-knit community. Don’t miss your chance to make this unique property yours! DO NOT DOSTURB OCCUPANTS.
Location
3036 Chaucer
Los Angeles, Los Angeles, CA, 90065