Est. cap rate

3.0%

Assumed rent, all units

$3,660/mo

Units

2

Price per unit

$365,000

Est. annual NOI

$21,960

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

1,324 sqft

Lot size

6,087 sqft

Year built

1921

Stories

1

Garage spaces

2

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

0

MLS #

249346862

About this property

Beautifully remodeled Craftsman duplex! Updated in 2015, both units offer modern finishes and easy, low-maintenance living. The front unit is a 2BD per assessor with a functional third bedroom (Buyer to verify permits), and the most recent appraisal credited it as a 3BD. It features laminate wood flooring, an open-concept kitchen with new cabinets and quartz countertops, a fully remodeled bathroom, and in-unit washer and dryer. The back unit is a private, gated 1BD with a fully remodeled kitchen, laundry hookups, an updated bathroom with newer tile and tub/shower surround, laminate wood flooring, and its own separate front and back yards. A motorized gate provides alley access. This turnkey duplex offers quality updates throughout and is an excellent opportunity for an owner-occupant or investor.

Location

1333 W 89th Street

Los Angeles, Los Angeles, CA, 90044