Est. cap rate

2.4%

Assumed rent, all units

$3,600/mo

Units

2

Price per unit

$444,500

Est. annual NOI

$21,600

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

2,342 sqft

Lot size

5,445 sqft

Year built

1925

Stories

1

Garage spaces

2

Pool

None

Status

Active

Days on market

178

MLS #

248766468

About this property

Introducing an exceptional real estate opportunity in Los Angeles, TWO HOUSES on a lot totaling 8 bedrooms & 3 bathrooms! Perfect for homeowners and investors alike, the front house is a beautifully renovated 5 bedroom front house with a charming income generating 3 bedroom back house. Separately metered for water, gas & electric! The Spanish style front house features up to five bedrooms, two renovated bathrooms, plenty of natural light, and a newly renovated kitchen with stylish cabinets, stainless steel sink & fixtures, and quartz countertops. Additional upgrades include new flooring, exterior paint, and interior paint. The hallway bathroom has been completely remodeled with stylish new tile, vanity, and fixtures while the full bath has been renovated with new tile flooring, vanity, fixtures and lighting. A flexible optional 5th bedroom can also serve as a living room, office, or multipurpose space. The home also includes a ~130 SF basement, not included in the total SF. The back house features three bedrooms with one full bath and its own washer & dryer hookup. It features newer flooring and exterior paint, and a NEW roof with its own separately gated parking. Updated landscaping throughout including a mature avocado tree and decorative gravel. This beautiful property is well suited for for a homeowner to live in one and rent the other, house hack, or maximize returns with dual rental income. This property is well suited for multigenerational living, or to rent out in this centrally located area! Ideally situated just minutes from some of the city’s most iconic destinations, the LA Coliseum, BMO Stadium, Exposition Park, USC, the California Science Center & close proximity to major highways and public transportation.

Location

134 W 49th

Los Angeles, Los Angeles, CA, 90037