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Duplex at 3760 Dover Street
$2,645,000
3760 Dover Street
Atwater Village, Los Angeles, 90039
Duplex · 2 units
Active · 0 days on market

Deal numbers

Est. cap rate
1.1%
Assumed rent, all units
$5,000/mo
Units
2
Price per unit
$1,322,500
Est. annual NOI
$30,000
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.

5.0%
50%
25%
7.00%
Effective gross income
$57,000
Operating expenses
$28,500
Net operating income
$28,500
Annual debt service
$158,375
Annual cash flow
-$129,875
Cash on cash return
-19.6%
Down payment
$661,250

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
3,100 sqft
Lot size
6,752 sqft
Year built
1937
Stories
2
Garage spaces
2
Heating
Central
Cooling
Central Air
Pool
None
View
Mountain(s),Neighborhood,Hills,Peek-A-Boo
Status
Active
Days on market
0
MLS #
249313651

About this property

Rare opportunity to acquire TWO single-family residences, offered together by the same seller, in highly desirable Atwater Village! Situated on two 3,375 sq ft parcels totaling 6,750 sq ft of land and 3,110 sq ft of living space, this exceptional offering provides remarkable flexibility for investors, owner-users, or those seeking two neighboring homes for extended family living. Together, 3760 Dover Street and 3869 Boyce Avenue combine distinctive architectural character, modern amenities, and private outdoor spaces. The larger residence at 3760 Dover Street features 3 bedrooms plus a bonus room, 3 bathrooms, and 2,196 sq ft of versatile multilevel living space with an attached 2-car garage and owned solar panels. Highlights include original architectural features such as coved ceilings and arched openings, hardwood floors and vintage light fixtures with upgraded modern wiring. The living room features a classic fireplace with Mexican tile accents and flows into the spacious dining area. The beautifully remodeled kitchen features custom cabinetry, Vetrazzo countertops, top of the line appliances and a backsplash with hand-painted Mission Tile West period tile. A striking spiral staircase connecting the home's multiple levels. The expansive lower level offers a spacious primary bedroom, additional bonus room, full bathroom, and direct courtyard access, providing flexibility for a variety of living arrangements. The neighboring residence at 3869 Boyce Avenue, built in 2017, offers 2 bedrooms, 1 bathroom, and 914 sq ft of beautifully designed living space, highlighted by vaulted ceilings with exposed beams, an open-concept kitchen with center island, indoor laundry, and French doors opening to a spacious brick patio. Mature trees, fruit trees, drought-tolerant landscaping, lush greenery, and winding garden pathways create an inviting setting connecting these neighboring properties. The possibilities are compelling: occupy one residence while generating rental income from the other, establish a two-property rental portfolio, or accommodate extended family members who appreciate proximity with independent living spaces. Situated near the vibrant shops and dining along Glendale Avenue and Los Feliz Boulevard, Griffith Park, the Los Angeles River Bike Path, and the 5 and 2 freeways, this distinctive offering combines lifestyle appeal and income potential in one of Northeast Los Angeles' most sought-after neighborhoods!

Location

3760 Dover Street

Atwater Village, Los Angeles, CA, 90039

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

3760 Dover St, Atwater Village CA | Multifamily for Sale