
Deal numbers
- Est. cap rate
- 2.5%
- Assumed rent, all units
- $4,640/mo
- Units
- 2
- Price per unit
- $562,500
- Est. annual NOI
- $27,840
- 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
- $52,896
- Operating expenses
- $26,448
- Net operating income
- $26,448
- Annual debt service
- $67,362
- Annual cash flow
- -$40,914
- Cash on cash return
- -14.5%
- Down payment
- $281,250
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
- 1,500 sqft
- Lot size
- 4,197 sqft
- Year built
- 1927
- Stories
- 1
- Garage spaces
- 2
- Pool
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249059392
About this property
DUPLEX in Hermon, near Highland Park. 1 unit is vacant! Property consists of two separate units:**Unit 1/Vacant:** A spacious 3-bedroom, 1-bathroom unit, perfect for families, or those needing extra room. It was previously fully renovated with a brand-new kitchen, updated bathroom, and new windows. ***Unit 2:** A 1-bedroom, 1-bathroom unit, also recently remodeled. It features a brand-new kitchen, new bathroom, and laundry hookups inside unit. The duplex also comes with a 2 car garage that includes a half-bathroom, offering additional convenience and functionality. Located near the serene Ernest Debs Park, this property is not only a peaceful retreat, but also offers easy access to Pasadena and major freeways for a quick commute to Downtown LA. This property is close to all the trendy restaurants/ coffee shops on Figueroa & York. Whether you’re looking for a place to live or an investment opportunity, this duplex provides the perfect combination of comfort, style, and accessibility.
Location
401 Kendall
Los Angeles, Los Angeles, CA, 90042