Est. cap rate

2.1%

Assumed rent, all units

$4,620/mo

Units

2

Price per unit

$662,500

Est. annual NOI

$27,720

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

2,396 sqft

Lot size

5,397 sqft

Year built

1973

Stories

2

Garage spaces

2

Style

Contemporary

Heating

Central

Cooling

Central Air

Pool

None

View

City Lights,Neighborhood,Reservoir

Status

Active

Days on market

0

MLS #

249342926

About this property

Check out this great opportunity in Silver Lake, a prime location in Los Angeles, offering breathtaking city-light views. This well maintained property is perfect for owner occupant with extended family or investors. Easy to live in one and rent out the other unit. Each unit is two bedrooms and one & three-quarters bathrooms; each unit has spacious living area and a kitchen, with plenty of storage. Offered on the market for the first time in fifty years!

Location

1771 Fanning St

Los Angeles, Los Angeles, CA, 90026