Est. cap rate

2.2%

Assumed rent, all units

$3,500/mo

Units

2

Price per unit

$474,500

Est. annual NOI

$21,000

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

3

Building size

4,470 sqft

Lot size

10,654 sqft

Year built

1999

Stories

2

Garage spaces

2

Heating

Wall Furnace,See Remarks

Cooling

None

Pool

None

Status

Active

Days on market

2

MLS #

248656146

About this property

Unlock the Potential! An exciting opportunity awaits investors and first-time buyers seeking a three-unit, multi-level property with tremendous potential—all units will be delivered vacant at closing! The front unit, #801, is a VACANT separate two-story building featuring a fully renovated interior with three bedrooms, The master bedroom is on the second floor and has a beautiful view that brings such peace and tranquility! Two bathrooms, an updated kitchen, living room, and dining area. A welcoming front porch, garden, and renovated two-car garage with a remote-controlled door complete its appeal. Unit #803 is vacant, and #805 is occupied. All units will be delivered vacant at the close of escrow. Rear units #803 and #805 have approved plans as SFR units and ADU through Los Angeles County Planning and Building and Safety, providing a starting point for future improvements. Bring your vision and explore the potential of this unique investment opportunity! Property is sold AS IS. Buyer to conduct their own due diligence with Los Angeles County Planning and Building and Safety and all applicable departments to verify property information, condition, permitted uses, approved plans, and permit status. Buyer to assume responsibility for bringing all permits current. PROBATE SALE OF THE PROPERTY SUBJECT TO COURT APPROVAL. Multiple video cameras are installed throughout the property and are active. Please do not disturb the tenant.

Location

801 N Hazard

Los Angeles, Los Angeles, CA, 90063