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Duplex at 4241 S Flower
$750,000
4241 S Flower
Los Angeles, Los Angeles, 90037
Duplex · 2 units
Active · 1 days on market

Deal numbers

Est. cap rate
2.9%
Assumed rent, all units
$3,600/mo
Units
2
Price per unit
$375,000
Est. annual NOI
$21,600
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
$41,040
Operating expenses
$20,520
Net operating income
$20,520
Annual debt service
$44,908
Annual cash flow
-$24,388
Cash on cash return
-13.0%
Down payment
$187,500

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
1,955 sqft
Lot size
6,006 sqft
Year built
1905
Stories
1
Garage spaces
2
Heating
Wall Furnace
Cooling
None
Pool
None
View
Neighborhood
Status
Active
Days on market
1
MLS #
249044961

About this property

Investment opportunity near USC and Exposition Park! Located at 4241 S Flower Street, this property currently features three units arranged around a paved courtyard, with multiple exterior entrances and mature trees. The location offers proximity to USC, BMO Stadium, the Los Angeles Memorial Coliseum, and the Lucas Museum of Narrative Art, along with the California Science Center and Natural History Museum. Nearby access to the 110 Freeway connects to Downtown Los Angeles and surrounding communities. An opportunity for investors seeking an established residential property near major educational, cultural, and entertainment destinations. Property will be sold with existing tenants in place; buyer to assume responsibility for existing tenancies, subject to applicable law and the purchase agreement. DRIVE-BY ONLY. Do not enter the property or disturb tenants. Buyer to independently verify permitted unit count, zoning, square footage, rental income, expenses, and all property information. Motivated Seller. Submit

Location

4241 S Flower

Los Angeles, Los Angeles, CA, 90037

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

4241 S Flower, Los Angeles CA | Multifamily for Sale