13103 Venice Blvd, Los Angeles 90066
- 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
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Download Offering Memorandum
UNITS: 2
GROSS RENT MULTIPLIER: 21.28
CAP RATE: 2.5%
PRICE
$1,200,000
ANNUAL INCOME
$56,388
ANNUAL NOI
$30,096
ANNUAL EXPENSE
$23,473
Rental Cost Details
| # OF UNITS | # OF BEDROOMS | # OF BATHS | ACTUAL RENT | TOTAL RENT | PRO FORMA | TOTAL PRO FORMA |
| 1 | 1 | 1 | $1,704 | $1,704 | $2,150 | $2,150 |
| 1 | 2 | 2 | $2,995 | $2,995 | $2,995 | $2,995 |
| TOTAL # OF UNITS | TOTAL # OF BEDROOMS | TOTAL # OF BATHS | GRAND TOTAL RENT | GRAND TOTAL PRO FORMA | ||
| 2 | 3 | 3 | $4,699 | $5,145 |
