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Duplex at 1024 W 87th
$929,000
1024 W 87th
Los Angeles, Los Angeles, 90044
Duplex · 2 units
Active · 0 days on market

Deal numbers

Est. cap rate
2.4%
Assumed rent, all units
$3,660/mo
Units
2
Price per unit
$464,500
Est. annual NOI
$21,960
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.

5.0%
50%
25%
7.00%
Effective gross income
$41,724
Operating expenses
$20,862
Net operating income
$20,862
Annual debt service
$55,626
Annual cash flow
-$34,764
Cash on cash return
-15.0%
Down payment
$232,250

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
3,089 sqft
Lot size
6,088 sqft
Year built
1922
Stories
2
Garage spaces
1
Pool
None
Status
Active
Days on market
0
MLS #
249213776

About this property

Two great units minutes away from the 110 and 105 freeways. Centrally located, you'll find everything nearby! Front home features: Four bedrooms, two baths. Laminate floors at bedrooms and bathrooms, tile at kitchen. Plenty of driveway parking and garage! Rear unit was built in 2013 with 2000sqft, has 5 bedrooms, 3 baths with all new flooring. On the first floor you'll find a large living room, kitchen and dining room combo, a kitchen pantry, one bedroom and one bathroom. Upstairs features four bedrooms, two baths. This unit has two carport spaces with storage and also has access to alley. Both units have their own laundry closets.

Location

1024 W 87th

Los Angeles, Los Angeles, CA, 90044

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1024 W 87th, Los Angeles CA | Multifamily for Sale