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Duplex at 1513 Hendricks
$635,000
1513 Hendricks
Los Angeles, Los Angeles, 90022
Duplex · 2 units
Active · 0 days on market

Deal numbers

Est. cap rate
3.4%
Assumed rent, all units
$3,640/mo
Units
2
Price per unit
$317,500
Est. annual NOI
$21,840
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.

5.0%
50%
25%
7.00%
Effective gross income
$41,496
Operating expenses
$20,748
Net operating income
$20,748
Annual debt service
$38,022
Annual cash flow
-$17,274
Cash on cash return
-10.9%
Down payment
$158,750

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
1,464 sqft
Lot size
5,597 sqft
Year built
1956
Stories
1
Garage spaces
2
Heating
None
Cooling
None
Pool
None
View
None
Status
Active
Days on market
0
MLS #
248668208

About this property

Welcome to this charming single-story corner duplex sits in one of East Los Angeles’s most sought-after neighborhoods and is priced to sell quickly. Conveniently located near parks, schools, transportation, shopping centers, and major freeways like the 710, 60, and 5, it offers easy access to Downtown and surrounding cities. Both units are occupied, each featuring a spacious two-bedroom, one-bath layout with approximately 1,464 square feet of living space combine on a spacious 5,597 sf corner lot. The property includes a two-car attached garage, ideal for potential ADU conversion, plus a long driveway currently used by tenants for private parking. Each unit has its own front entrance with a private grassy area, along with a cozy backyard patio and laundry space off the garage with rear access. This property won’t be on the market for long—one of the most affordable duplexes in the neighborhood. Bring your savvy buyers who are on the hunt for their next great deal!

Location

1513 Hendricks

Los Angeles, Los Angeles, CA, 90022

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1513 Hendricks, Los Angeles CA | Multifamily for Sale