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Duplex at 1530 W Temple Street
$675,000
1530 W Temple Street
Los Angeles, Los Angeles, 90026
Duplex · 2 units
Active · 0 days on market

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.

5.0%
50%
25%
7.00%
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

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1530 W Temple St, Los Angeles CA | Multifamily for Sale