Est. cap rate

3.7%

Assumed rent, all units

$7,920/mo

Units

2

Price per unit

$649,500

Est. annual NOI

$47,520

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

7

Bathrooms

3

Building size

2,257 sqft

Lot size

7,004 sqft

Year built

1920

Stories

1

Garage spaces

1

Heating

None

Cooling

None

Pool

None

View

Park/Greenbelt

Status

Active

Days on market

1

MLS #

249173748

About this property

Welcome to Atwater Village! Ideally located in one of Northeast Los Angeles’ most desirable and centrally positioned neighborhoods, this two-unit property presents an excellent opportunity for an owner-user or investor seeking rental income in a highly sought after area. Just moments from the Los Angeles River, Griffith Park, neighborhood shops and restaurants, and the charming streets of Atwater Village, the property offers both flexibility and long term potential. Enjoy convenient access to Glendale, including the Americana at Brand and Glendale Galleria, while being close to the Atwater Village Equestrian District, riverfront trails, parks, and recreation. With Los Feliz, Silver Lake, and Glendale all nearby, this location offers the best of city living with a true neighborhood feel.

Location

4155 Bemis

Los Angeles, Los Angeles, CA, 90039