Deal numbers
- Est. cap rate
- 2.8%
- Assumed rent, all units
- $3,860/mo
- Units
- 2
- Price per unit
- $414,500
- Est. annual NOI
- $23,160
- 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
- $44,004
- Operating expenses
- $22,002
- Net operating income
- $22,002
- Annual debt service
- $49,638
- Annual cash flow
- -$27,636
- Cash on cash return
- -13.3%
- Down payment
- $207,250
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
- 1,112 sqft
- Lot size
- 5,055 sqft
- Year built
- 1921
- Stories
- 0
- Garage spaces
- 0
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249342726
About this property
Nice two-home setup in the heart of South LA with a privacy fence between both places. Perfect for a family looking for two separate dwellings—great if you want to live close to family or adult kids while still having your own space. Just 2.7 miles from Exposition Park (Natural History Museum, Coliseum, Lucas Museum, and more). Easy access to the Metro Expo Line and major freeways. Solid option for families who want that dual-living flexibility in a good South LA spot.
Location
1723 1/2 W 59th Place
Los Angeles, Los Angeles, CA, 90047