Est. cap rate

2.3%

Assumed rent, all units

$3,880/mo

Units

2

Price per unit

$500,000

Est. annual NOI

$23,280

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

2,500 sqft

Lot size

7,891 sqft

Year built

2024

Stories

1

Garage spaces

1

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

0

MLS #

248899883

About this property

This impressive newly built 2024 duplex offers modern luxury combined with exceptional potential. Each spacious unit features high 10-foot ceilings and custom solid wood cabinets, complemented by elegant quartz countertops, recessed lighting, and beautifully tiled bathrooms. Practicality meets convenience with built-in 220-volt vehicle charging. The property is delivered with a 2-bedroom, 1-bathroom unit, complete with a garage, and includes a massive 3,000-square-foot buildable lot in the back. To expedite your plans, development submissions have already been introduced to the Department of Building and Safety.

Location

129 E N

Wilmington, Los Angeles, CA, 90744