Deal numbers
- Est. cap rate
- 2.3%
- Assumed rent, all units
- $3,440/mo
- Units
- 2
- Price per unit
- $450,000
- Est. annual NOI
- $20,640
- 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
- $39,216
- Operating expenses
- $19,608
- Net operating income
- $19,608
- Annual debt service
- $53,889
- Annual cash flow
- -$34,281
- Cash on cash return
- -15.2%
- Down payment
- $225,000
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
- 1,900 sqft
- Lot size
- 5,515 sqft
- Year built
- 1926
- Stories
- 1
- Garage spaces
- 1
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249317985
About this property
Welcome to 347 and 349 E 75th Street in Los Angeles! This beautifully updated duplex offers a wonderful opportunity for both homeowners and investors. Featuring modern updates, stylish finishes and inviting living spaces, this property combines comfort, charm and functionality. Perfect for any owner-occupant looking to live in one unit while generating rental income from the other, or an investor seeking a great addition to their portfolio. Conveniently located near shopping , dining, schools, and major freeways. DON'T miss this fantastic opportunity to own a beautifully refreshed income producing property in the heart of Los Angeles.
Location
349 E 75th Street
Los Angeles, Los Angeles, CA, 90003