Deal numbers
- Est. cap rate
- 3.1%
- Assumed rent, all units
- $4,540/mo
- Units
- 2
- Price per unit
- $434,500
- Est. annual NOI
- $27,240
- 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
- $51,756
- Operating expenses
- $25,878
- Net operating income
- $25,878
- Annual debt service
- $52,033
- Annual cash flow
- -$26,155
- Cash on cash return
- -12.0%
- Down payment
- $217,250
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
- 4
- Bathrooms
- 2
- Building size
- 1,553 sqft
- Lot size
- 5,219 sqft
- Year built
- 1926
- Stories
- 1
- Garage spaces
- 2
- Style
- Spanish
- Cooling
- Electric,Ductless
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249156754
About this property
THIS DUPLEX HAS BUILDING, ELECTRICAL, PLUMBING AND MECHANICAL PERMITS. Discover one of East LA’s best values: two detached homes and a two-car garage on one lot. This fully renovated duplex in a prime East Los Angeles location is minutes from shopping, dining, and entertainment. Each home features two spacious bedrooms and one bathroom, ideal for owner-occupants, multigenerational living, or investors seeking strong rental potential. Both homes offer modern finishes, new flooring, new doors, new mini split A/C, new recessed lighting, new fixtures, fresh interior and exterior paint, remodeled kitchens with new appliances, and upgraded bathrooms. Each also has its own laundry room and separate gas and electric meters. Live in one home and rent the other, or add a turnkey property to your investment portfolio. With easy access to Downtown Los Angeles, major freeways, parks, schools, and local amenities, this move-in-ready duplex offers an exceptional opportunity in a sought-after, growing community. This move-in ready gem is one you won’t want to miss! Bring your picky buyers to this one - they will love it!
Location
505 Williamson
Los Angeles, Los Angeles, CA, 90022