
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.
- 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