Deal numbers
- Est. cap rate
- 2.5%
- Assumed rent, all units
- $3,500/mo
- Units
- 2
- Price per unit
- $424,500
- Est. annual NOI
- $21,000
- 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
- $39,900
- Operating expenses
- $19,950
- Net operating income
- $19,950
- Annual debt service
- $50,836
- Annual cash flow
- -$30,886
- Cash on cash return
- -14.6%
- Down payment
- $212,250
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
- 2,590 sqft
- Lot size
- 4,427 sqft
- Year built
- 2007
- Stories
- 2
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249110650
About this property
Discover a versatile duplex opportunity in the heart of Boyle Heights. Built in 2007, 319 South Lorena Street features two residences in an upper-and-lower configuration, offering approximately 2,590 square feet of living space on a 4,427-square-foot lot. Conveniently located near neighborhood dining, shopping, Mercadito de Los Angeles, and public transportation, with easy access to Downtown Los Angeles and the Arts District. Whether expanding a rental portfolio or exploring future owner-occupancy, this property offers flexibility and rental potential in an established Los Angeles neighborhood.
Location
319 S Lorena
Los Angeles, Los Angeles, CA, 90063