Est. cap rate

2.8%

Assumed rent, all units

$3,660/mo

Units

2

Price per unit

$387,500

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 sqft

Lot size

6,259 sqft

Year built

1922

Stories

0

Garage spaces

1

Heating

See Remarks

Cooling

See Remarks

Pool

None

Status

ComingSoon

Days on market

0

MLS #

248909391

About this property

"Fantastic Investment & Income Opportunity in Los Angeles! Discover the immense potential of this two units property, First Unit 3-bedroom, 1-bathroom Second Unit 2-bedroom, 1-bathroom + a Single (garage). This multi-family property located at 1217 W 99th St. Situated on an expansive 6,259 sq ft lot, this property is a rare find perfect for savvy investors looking to maximize rental yield, or a large family seeking a multi-generational setup. Commuters will love the unbeatable location! You are positioned just minutes from both the I-110 and I-105 freeways, allowing for seamless travel to Downtown LA, LAX airport, and the South Bay. Public transportation is highly accessible with the Rosa Parks Transit Center nearby. Enjoy close proximity to local markets, dining, schools, and neighborhood pocket parks. Don’t miss out on this high-potential property in a rapidly developing pocket of South Los Angeles. Schedule your tour today!"

Location

-1219 W 99th

Los Angeles, Los Angeles, CA, 90044