$1,150,000
2620 Alsace Avenue, Los Angeles CA 90016
Multi-Family (2 Units)
Property type
36 days
On market
$662
Price per sqft
N/A
Garage
1923
Year built
4,830 sqft
Lot size
Open Houses
Overview
Exceptional opportunity in the highly sought-after West Adams neighborhood! Charming Spanish-style, R2-zoned, side-by-side permitted duplex offering outstanding upside for investors, developers, or owner-users. Each unit features 2 bedrooms and 1 bathroom, making this property ideal for rental income, multi-generational living, or a live-in-one, rent-the-other lifestyle. A...
Listing provided by: Hana Cohen DRE #02153261 310-882-1670, Sotheby's International Realty
Listing updated: May 8, 2026 at 07:21am.
Last checked: Jun 5, 2026 at 02:30pm
Source: CRMLS #26827765
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,600 | $2,600 | $3,500 | Unfurnished |
| 2 | 2 | 1 | — | $2,280 | $2,280 | $3,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 2
Financial Snapshot
Gross Rent Multiplier
16.0x
List Price / Annual Gross Rent
Cap Rate
5.74%
NOI / List Price
Net Operating Income: $66,000
Interior
Interior Features: Ceiling Fans
Heating: Baseboard
Exterior
Architectural Style: Spanish
Stories Total: 1
Levels: One
Garage and Parking
Parking: Driveway
Uncovered Spaces: 2
Parking Total: 2
Lot Information
Land Lease: No
Parcel #: 5049017003
Zoning: LARD2
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 2620 Alsace Avenue, Los Angeles, CA 90016. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$920,000
Total Interest
$1,173,409
Total Payment
$2,093,409
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,163
per month
Property History for 2620 Alsace Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90016.
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