Rent report generated Jan 12, 2025
The Rent Potential of
2923 W Exposition Pl Unit 1 Los Angeles, CA
is $3,920 – $5,500/mo.
Rent Advice
This townhome in Los Angeles's vibrant Leimert Park neighborhood offers a solid rental potential. With an estimated monthly rent range of $3,920 to $5,500, the annual revenue potential is approximately $47K to $66K. The property's modern features, such as central air and energy-efficient appliances, enhance its attractiveness. However, the HOA fee of $288 and the competitive market might slightly impact the net rental income. Given the neighborhood's upward trend, a payback period of 15-20 years could be expected.
To enhance rental potential, consider cosmetic upgrades like updated flooring or fixtures to appeal to premium renters. If selling, emphasize the property's energy efficiency and the neighborhood's growth potential to attract investors. Address the HOA fees transparently, as this could be a sticking point for some buyers. Highlight the property's proximity to amenities and transportation for added appeal.
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The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.