Est. cap rate

2.2%

Assumed rent, all units

$5,520/mo

Units

2

Price per unit

$745,000

Est. annual NOI

$33,120

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

2,368 sqft

Lot size

6,762 sqft

Year built

1907

Stories

1

Garage spaces

0

Heating

Central

Cooling

Central Air

Pool

None

Status

ComingSoon

Days on market

0

MLS #

249348127

About this property

Charming Craftsman Duplex in the Heart of Los Feliz Village! This wonderful duplex offers a unique opportunity in one of Los Angeles' most desirable and walkable neighborhoods, conveniently close to local dinings, shops, cafes, and Hollywood entertainment. The front residence welcomes you with a lovely front porch. Upon entry a spacious living room filled with natural light. A family room / dining room is easily converted to a third bedroom. A laundry room at the end of hallway. The updated kitchen features tile countertops and plenty of cabinetry. Rear unit also offers a bright and inviting living room with an open kitchen and dining area. This unit also has its own laundry set up. Both units features central air and heat for year round comfort. The property offers plenty parking spaces in both front and back yard. The accessible raised foundation provides substantial storage space and additional potential for future ADU. With its classic Craftsman character, great floor plan, ample parking and exceptional location, this duplex is a wonderful opportunity for an owner-user or investor looking to be close to the best of Los Angeles.

Location

4636 Russell Avenue

Los Feliz, Los Angeles, CA, 90027