
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.
- 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