Est. cap rate

2.9%

Assumed rent, all units

$3,560/mo

Units

2

Price per unit

$365,000

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.

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

1,548 sqft

Lot size

7,442 sqft

Year built

1946

Stories

1

Garage spaces

0

Pool

None

Status

Active

Days on market

0

MLS #

248837028

About this property

Excellent Investment Opportunity in Los Angeles! Welcome to 950 E. 113th Street, a fantastic opportunity to own a duplex in the established Green Meadows neighborhood of Los Angeles. Situated on a generous approximately 7,440 square-foot lot, this multifamily property offers two units with a combined four bedrooms, two bathrooms, and approximately 1,548 square feet of living space. Whether you're an investor looking to expand your real estate portfolio or a buyer interested in the benefits of multifamily ownership, this property offers exciting possibilities. The spacious lot provides outdoor space and potential opportunities for future improvements, subject to city approval. Conveniently located with access to major transportation corridors, shopping, schools, and everyday amenities, this property presents an opportunity to invest in the Los Angeles real estate market. Don't miss your chance to explore the possibilities this duplex has to offer. Schedule your private showing today!

Location

950 E 113th

Los Angeles, Los Angeles, CA, 90059