
Deal numbers
- Est. cap rate
- 4.1%
- Assumed rent, all units
- $4,620/mo
- Units
- 2
- Price per unit
- $337,500
- Est. annual NOI
- $27,720
- 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
- $52,668
- Operating expenses
- $26,334
- Net operating income
- $26,334
- Annual debt service
- $40,417
- Annual cash flow
- -$14,083
- Cash on cash return
- -8.3%
- Down payment
- $168,750
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
- 2,267 sqft
- Lot size
- 4,400 sqft
- Year built
- 1896
- Stories
- 2
- Garage spaces
- 0
- Pool
- None
- View
- City Lights
- Status
- Active
- Days on market
- 0
- MLS #
- 248976377
About this property
Calling All Investors – Priced to Sell! Exceptional investment opportunity in the heart of Echo Park! This classic 2,267-square-foot Victorian duplex offers historic charm, tremendous upside potential, and an opportunity to enter one of Los Angeles’ most desirable neighborhoods at an attractive price point. Ideally situated directly across from the Echo Park tennis courts and just minutes from Echo Park Lake, Downtown LA, and Dodger Stadium, this property combines a prime location with long-term investment potential. The front residence is a two-story Victorian featuring 3 bedrooms, 2 bathrooms, approximately 1,480 square feet, original architectural details, and a built-out attic. Rich in character, this residence presents an opportunity for restoration and value enhancement. The detached rear residence offers 3 bedrooms, 1.5 bathrooms, and approximately 790 square feet, providing additional rental income potential. Whether you're an investor seeking a value-add opportunity or an owner-occupant looking to establish a foothold in Echo Park, this property offers compelling possibilities in a highly sought-after location. Street parking only. Buyer to independently verify all information, including square footage, permits, zoning, and property condition.
Location
1530 W Temple Street
Los Angeles, Los Angeles, CA, 90026