Deal numbers
- Est. cap rate
- 2.5%
- Assumed rent, all units
- $3,440/mo
- Units
- 2
- Price per unit
- $412,450
- Est. annual NOI
- $20,640
- 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
- $39,216
- Operating expenses
- $19,608
- Net operating income
- $19,608
- Annual debt service
- $49,393
- Annual cash flow
- -$29,785
- Cash on cash return
- -14.4%
- Down payment
- $206,225
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
- 1,505 sqft
- Lot size
- 4,743 sqft
- Year built
- 1924
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249373398
About this property
Great opportunity to own this 2 ON A LOT in Los Angeles featuring a spacious 3-bedroom, 2-bath front unit and a 2-bedroom, 1-bath rear unit. The property offers a long driveway with ample parking and a generous backyard perfect for outdoor gatherings, entertaining, or relaxing. With two separate units and plenty of outdoor space, this property is ideal for owner-occupants or extended families looking for comfortable and versatile living opportunity in the heart of Los Angeles.
Location
150 E 70th Street
Los Angeles, Los Angeles, CA, 90003