Est. cap rate

2.5%

Assumed rent, all units

$3,660/mo

Units

2

Price per unit

$434,000

Est. annual NOI

$21,960

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

1,502 sqft

Lot size

9,458 sqft

Year built

1923

Stories

1

Garage spaces

0

Pool

None

Status

ComingSoon

Days on market

0

MLS #

248819468

About this property

GREAT OPPORTUNITY FOR HOMEOWNERS, INVESTORS & DEVELOPERS! Welcome to 947 W 81st St, Los Angeles! This versatile duplex sits on a spacious 9,458 SQFT lot, offering incredible potential for both comfortable living and future investment. Perfect for buyers looking to live in one unit and rent out the other for additional income, or for investors seeking rental income and long-term appreciation. For developers, the property offers exciting expansion potential with plans for a total of 7 units, including six 3-bedroom, 2-bathroom units with attached 2-car garages and one 2-bedroom, 1-bathroom unit. Conveniently located near schools, shopping, dining, and major freeways. Whether you’re looking for a place to call home, an income-producing property, or your next development project, this property offers endless possibilities! Property to be delivered vacant. Buyer to verify all plans, permits, zoning, and development potential with the City of Los Angeles.

Location

947 W 81st St

Los Angeles, Los Angeles, CA, 90044