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Duplex at 3338 Fithian
$699,000
3338 Fithian
Los Angeles, Los Angeles, 90032
Duplex · 2 units
Active · 0 days on market

Deal numbers

Est. cap rate
3.1%
Assumed rent, all units
$3,620/mo
Units
2
Price per unit
$349,500
Est. annual NOI
$21,720
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
$41,268
Operating expenses
$20,634
Net operating income
$20,634
Annual debt service
$41,854
Annual cash flow
-$21,220
Cash on cash return
-12.1%
Down payment
$174,750

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
1,106 sqft
Lot size
4,803 sqft
Year built
1951
Stories
1
Garage spaces
2
Pool
None
View
City Lights
Status
Active
Days on market
0
MLS #
248717298

About this property

EL SERENO DUPLEX Discover the possibilities with this versatile duplex located in the established El Sereno neighborhood. Offering two living units, separate gas and electricity meters for each unit, a spacious driveway, and a detached two-car garage, this property presents an exciting opportunity for homeowners, multigenerational households, and investors alike. The front residence features 1 bedroom and 1 bathroom and has been updated, with window improvements completed several years ago. The rear residence offers 2 bedrooms and 1 bathroom, featuring a recently remodeled kitchen that brings a refreshed feel to the home. Both units include a shared laundry and dryer hookups, adding everyday convenience and functionality. Separate gas and electricity meters for each residence provide an added level of convenience for managing utility usage and billing. Outside, the property offers a long driveway, a detached two-car garage, and two additional storage sheds in the backyard. With parking and storage space that can be hard to find in Los Angeles, these features add versatility and practicality to the property. Conveniently located just minutes from California State University, Los Angeles, and Woodrow Wilson Senior High School, the property also offers access to nearby neighborhood amenities, local businesses, and outdoor recreation. Enjoy exploring Ascot Hills Park, known for its hiking trails, open green spaces, and scenic views of the Los Angeles skyline. Downtown Los Angeles is approximately 15–20 minutes away by car, depending on traffic, providing access to the city's employment centers, dining, entertainment, and cultural destinations. Whether you're looking to live in one unit while exploring rental income from the other, accommodate extended family, or expand your real estate portfolio, this El Sereno property offers flexibility and a variety of possibilities.

Location

3338 Fithian

Los Angeles, Los Angeles, CA, 90032

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

3338 Fithian, Los Angeles CA | Multifamily for Sale