Deal numbers
- Est. cap rate
- 3.3%
- Assumed rent, all units
- $3,560/mo
- Units
- 2
- Price per unit
- $324,950
- Est. annual NOI
- $21,360
- 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
- $40,584
- Operating expenses
- $20,292
- Net operating income
- $20,292
- Annual debt service
- $38,914
- Annual cash flow
- -$18,622
- Cash on cash return
- -11.5%
- Down payment
- $162,475
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
- 6,335 sqft
- Lot size
- 6,335 sqft
- Year built
- 1997
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- ComingSoon
- Days on market
- 0
- MLS #
- 248793866
About this property
Spacious multi-unit property offering one 3-bedroom, 2-bathroom unit, one 3-bedroom, 1-bathroom unit, and an additional studio featuring 1 bedroom and 1 bathroom. The property offers parking for up to 4 vehicles, plus additional off-street parking. Conveniently located near neighborhood parks, public transportation, and local shopping, including the Dr. Martin Luther King Jr. Shopping Center. The nearby 103rd Street/Watts Towers Metro A Line station provides access to the greater Los Angeles area. An excellent opportunity for investors or buyers seeking a property with potential rental income and multiple living spaces. Buyers are encouraged to independently verify property details, permitted uses, and all information deemed important to their purchase.
Location
8820 Beach
Los Angeles, Los Angeles, CA, 90002