Est. cap rate

2.8%

Assumed rent, all units

$3,780/mo

Units

2

Price per unit

$399,500

Est. annual NOI

$22,680

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

2

Building size

1,212 sqft

Lot size

5,934 sqft

Year built

1922

Stories

1

Garage spaces

1

Pool

None

Status

Active

Days on market

0

MLS #

249331671

About this property

Totally remodeled classic Craftsman style front house with a white picket fence and a second rental house behind it. Move in one and collect rent from the other. The front house has been carefully updated and has a beautiful new kitchen. The bathroom is new and stunning with an extra storage closet. The laundry room also has storage and room for more. The back glass door opens to the large, fenced yard with a deck. Great for pets, BBQ's and entertaining. Room to park many cars and toys on the very long driveway to the garage. Move in ready and not to be missed. The second house has one bedroom and one bathroom and a private yard. A great opportunity awaits!

Location

1660 252nd

Harbor City, Los Angeles, CA, 90710