
Deal numbers
- Est. cap rate
- 2.6%
- Assumed rent, all units
- $4,320/mo
- Units
- 2
- Price per unit
- $499,400
- Est. annual NOI
- $25,920
- 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
- $49,248
- Operating expenses
- $24,624
- Net operating income
- $24,624
- Annual debt service
- $59,805
- Annual cash flow
- -$35,181
- Cash on cash return
- -14.1%
- Down payment
- $249,700
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
- 2,073 sqft
- Lot size
- 7,405 sqft
- Year built
- 1944
- Stories
- 1
- Garage spaces
- 2
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 249191471
About this property
Two homes on one lot, both vacant and ready for a fresh start! This Hawthorne property features two three-bedroom residences, offering an opportunity for investors or buyers seeking a flexible living arrangement. With both homes delivered vacant, the new owner can select tenants and establish initial rents, subject to applicable requirements, without taking over existing tenancies. The homes offer a spacious living room with warm wood-look flooring, plantation shutters, and a ceiling fan. An adjoining dining area connects to a kitchen full of vintage character, featuring wood cabinetry, generous pantry storage, a breakfast peninsula, patterned tile flooring, a gas cooktop, and a built-in oven. Ductless mini-split units provide added comfort, while built-in closets and overhead cabinetry offer ample storage. A dedicated laundry room with a utility sink and additional cabinets adds everyday convenience. Outdoor spaces include a covered patio, paved courtyard, and side yards accented with artificial turf. An attached two-car garage with built-in shelving and driveway parking further enhances the property’s functionality. Whether you’re looking to lease both homes or occupy one while renting the other, this two-home property offers flexibility and the opportunity to shape your rental strategy from the start.
Location
11602 Oxford
Hawthorne, Los Angeles, CA, 90250