Deal numbers
- Est. cap rate
- 3.1%
- Assumed rent, all units
- $3,620/mo
- Units
- 2
- Price per unit
- $352,500
- Est. annual NOI
- $21,720
- 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
- $41,268
- Operating expenses
- $20,634
- Net operating income
- $20,634
- Annual debt service
- $42,213
- Annual cash flow
- -$21,579
- Cash on cash return
- -12.2%
- Down payment
- $176,250
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
- 948 sqft
- Lot size
- 4,682 sqft
- Year built
- 1947
- Stories
- 2
- Garage spaces
- 0
- Heating
- None
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249084311
About this property
Great opportunity to own a duplex in the heart of El Sereno! Featuring two separate units, one upstairs and one downstairs, this property is perfect for living in one while renting out the other. The spacious outdoor area offers exciting potential for additional units or an ADU, subject to city approval. Conveniently located near Cal State LA, Ascot Hills Park, shopping, dining, and easy freeway access. Whether you’re a homeowner or investor, this property offers flexibility, rental income potential, and room to grow!
Location
5360 Ithaca Avenue
Los Angeles, Los Angeles, CA, 90032