Est. cap rate

3.0%

Assumed rent, all units

$3,860/mo

Units

2

Price per unit

$390,000

Est. annual NOI

$23,160

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

Duplex

Bedrooms

2

Building size

1,626 sqft

Lot size

3,827 sqft

Year built

1925

Stories

2

Garage spaces

3

Pool

None

Status

Active

Days on market

6

MLS #

248640951

About this property

DETACHED TWO-UNIT PROPERTY! BOTH UNITS DELIVERED VACANT! Discover the versatility of this detached 2-unit property in Los Angeles, offering an appealing combination of updated living spaces, private outdoor enjoyment, and substantial garage capacity. Both units will be delivered vacant at COE, presenting an excellent opportunity for an owner-occupant, multi-generational household, or investor seeking flexibility. The front residence offers 2 bedrooms, 1 bathroom, 1,066 SqFt of living space. Remodeled recently, the home features a welcoming living room with a fireplace, attractive flooring, abundant natural light, a large dining room area, and a spacious kitchen with blue cabinetry, granite countertops, and ample workspace. The interior offers a comfortable setting for everyday living, while the updated finishes provide a fresh, inviting presentation. Set apart from the front home, the two-level rear structure offers a 3-car garage on the lower floor & an upper 1-bedroom, 1-bathroom unit with 560 SqFt of living space in great condition. It offers its own living area, kitchen and dining breakfast area, creating a distinct living arrangement separated from the front residence. The outdoor areas add a layer of appeal, featuring a gated entry, paved walkways, mature privacy hedging, and a covered gazebo-style retreat furnished for outdoor lounging and Al fresco dining. The property's configuration provides a variety of possibilities for owner-occupancy, extended household, or rental income. Ideally situated in the heart of South Los Angeles, this property offers convenient access to local restaurants, cafés, and outdoor recreation. Enjoy local dining favorites, M’Dears Bakery & Bistro, known for its Southern-inspired comfort food, Krave Cafe for specialty coffee & casual breakfast fare, and Tacos Del Primo for a Mexican food stop. The Jesse Owens Park offer outdoor recreation w/ sports facilities and a playground. Sports & entertainment enthusiasts will appreciate the proximity to SoFi Stadium & Intuit Dome; and the Kia Forum for concerts & live-events. For cultural outings & family-friendly activities, Exposition Park is within driving distance, featuring the California Science Center, the Natural History Museum, and the Rose Garden. With 2 detached living spaces, a 3-car garage, updated interiors, both units delivered vacant at Close of Escrow, and its convenient location this property presents a versatile and unique opportunity in Los Angeles.

Location

1901 W 64th Street

Los Angeles, Los Angeles, CA, 90047