This duplex was a gr completed by Ocean Development in 2022. Along with many others in the neighborhood being rebuilt and capturing top of the market rents with new attractions and development nearby. This property is ideal for investors seeking ease of management with attractive rental income. Currently leased at $7,500 monthly, mostly passive as the property has separate electric, gas, and water meters for tenants to pay their own utilities. Thoughtfully designed with one unit in front, and the second unit in back, the tenants live next to each other - not on top of each other. Each unit boasts large 5 Bedrooms and 3 Baths - approximately 1,857sqft each. Design features include central heating systems, dual pane windows, solid wood cabinets, granite counters in kitchen, solar electric systems and interior laundry room in each unit. Property includes a 3 car garage. An estimated 5.37 cap rate with below market rent tenants and no deferred maintenance.
Data was last updated October 18, 2025 at 05:10 PM (UTC)
Area Statistics
Listings on market:
791
Avg list price:
$1,095,000
Min list price:
$389,000
Max list price:
$14,500,000
Avg days on market:
93
Min days on market:
1
Max days on market:
1,934
These statistics are generated based on the current listing's property type
and located in
Los Angeles. Average values are
derived using median calculations. This data is not produced by the MLS® system.