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13103 Venice Blvd, Los Angeles

  • Perfect starter duplex ideally located in Mar Vista, only blocks from Venice Beach, Abbot Kinney, and Marina Del Rey
  • One of the lowest priced residential income properties in the entire Westside
  • Both units have private outdoor spaces, feeling like bungalows
  • Original hardwood floors and some interior updates in both units
  • 2-bedroom unit has 2 bathrooms including one en-suite, largebkitchen, and faces quiet residential street of Maplewood
  • One car garage with laundry

Property Details

  • Units: 2
  • Gross Rent Multiplier: 21.28
  • Cap Rate: 2.5%

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Price

$1,200,000

Annual Income

$56,388

Annual NOI

$30,096

Annual Expense

$23,473

Rental Cost Details

# OF UNITS# OF BEDROOMS# OF BATHSACTUAL RENTTOTAL RENTPRO FORMATOTAL PRO FORMA
111$1,704$1,704$2,150$2,150
122$2,995$2,995$2,995$2,995
TOTAL # OF UNITSTOTAL # OF BEDROOMSTOTAL # OF BATHSGRAND TOTAL RENTGRAND TOTAL PRO FORMA
233$4,699$5,145

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