$750,000
322 E. 64th Street, Los Angeles, CA 90003
Current Rent **
$3,800
Projected Rent **
N/A
Unit 1 Details
- Current Rent: $1,900
- Bedroom: 4 bd
- Bathroom: 2 ba
- Square Footage: 1630 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: No
Unit 2 Details
- Current Rent: $1,900
- Bedroom: 4 bd
- Bathroom: 2 ba
- Square Footage: 1630 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: No
2013-Built Duplex in Los Angeles for Sale. No Rent Control. Pro Forma Cap 6.11%
• 2013-built Duplex in high demand area
• 2 units with 4 beds/2 baths in each unit
• Total 3,260 sq.ft. on a 5,282 sq.ft. lot
• Laminate floors, granite countertops
• Fully rented, easy to manage
• Month-to-month lease at $3,800 per month
• Market rent $4,800
• No rent control
• Separate meters; Tenants pay all utilities
• Current actual cap rate 4.92%
• Current GRM 16x
• Pro forma cap rate 6.11% with higher rent, tax, and insurance
• Pro forma GRM 13x
Location:
322 E. 64th Street, Los Angeles, CA 90003
Report Abuse
* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
Only paying BiggerPockets members can do this!
Upgrade your account to a Pro membership to finish uploading your listing.
Pro Marketplace Benefits
- List up to 2 properties a day under Real Estate Listing
- Re-port your Real Estate Listing every 5 days
- Create job & buying ads in the Marketplace
Additional Pro Benefits
- Unlimited use & access to Rental Property Calculator
- Over $5,000 worth of discounts in Pro Perks
- Access to 50 states & DC landlord forms
- Forum Keyword Alerts
- And more!