Est. cap rate

2.4%

Assumed rent, all units

$3,500/mo

Units

2

Price per unit

$437,500

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.

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

1,534 sqft

Lot size

4,180 sqft

Year built

1928

Stories

1

Garage spaces

0

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

1

MLS #

249168529

About this property

Turnkey Investment Opportunity in City Terrace! Discover this beautifully renovated two-unit property offering the perfect combination of modern living, versatility, and income potential! Completely renovated and move-in ready, this property is ideal for an owner-occupant looking to live in one unit while generating rental income from the other, or a savvy investor seeking a fantastic cash-flow opportunity. Enjoy beautiful views and a convenient location just minutes from Cal State LA, major freeways, public transportation, Downtown Los Angeles, and all that the city has to offer. Whether you're looking to offset your mortgage with rental income or expand your real estate portfolio, this property offers endless possibilities. Two units, one incredible opportunity—don't miss out!

Location

4317 Milburn

Los Angeles, Los Angeles, CA, 90063