Two-Bedroom Cooperative
For Sale
$200,000
6445 LUZON AVENUE NW Unit 209, Washington, DC 20012
A 1960 residence pairs period parquet floors with expansive windows overlooking landscaped community grounds.
Property Size1,000 SF
Price / SF$200
Days on Market66
Property Features for 6445 LUZON AVENUE NW Unit 209
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Northwest
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1.00
Amenities
landscaped grounds
Building Details
Building Size
1,000 SF
Year Built
1960
Construction
steel-and-concrete
Listing Agency:
Compass
Listed By:
District Property Group
(202) 286-1658
Source:
Districtpropertygroup
Added: Aug 25
Changed: Oct 27
Last Checked: Oct 27 at 3:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
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Investment Insights
Based on property information with market context.
This 1,000-square-foot, two-bedroom cooperative residence is in the Winchester-Underwood Cooperative, a steel-and-concrete building completed in 1960. Plaster walls and parquet flooring contribute to the home’s mid-century character, while floor-to-ceiling windows face west toward landscaped grounds. The residence may be available furnished.
The cooperative fee covers electricity, gas, water, high-speed internet, and cable. Owners pay property taxes separately through the cooperative at a discounted rate. Ownership is limited to owner-occupants; investor purchases are not permitted. Cats are allowed, while dogs are prohibited.
The property is near Rock Creek Park and The Parks at Walter Reed, which includes Whole Foods Market, restaurants, retail, and recreational areas. Bus service along 16th Street connects with Takoma Metro. Street parking is typically available in front of the building.
The cooperative fee covers electricity, gas, water, high-speed internet, and cable. Owners pay property taxes separately through the cooperative at a discounted rate. Ownership is limited to owner-occupants; investor purchases are not permitted. Cats are allowed, while dogs are prohibited.
The property is near Rock Creek Park and The Parks at Walter Reed, which includes Whole Foods Market, restaurants, retail, and recreational areas. Bus service along 16th Street connects with Takoma Metro. Street parking is typically available in front of the building.
Key Highlights
- Two‑bedroom cooperative residence with 1,000 square feet
- Built in 1960 with steel‑and‑concrete construction and plaster walls
- Floor‑to‑ceiling west‑facing windows look onto landscaped grounds
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,616
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,320
$332.3K
Cap Rate 7%
$237,371
$237.4K
Cap Rate 9%
$184,622
$184.6K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$31.8K $31.80/SF
− Vacancy
−$1.6K −$1.59/SF
EGI
$30.2K $30.21/SF
− OpEx
−$13.6K −$13.59/SF
NOI
$16.6K $16.62/SF
Area
Washington, DC
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,320
Cap Rate 7%
$237,371
Cap Rate 9%
$184,622
Alternative Uses
Best Use
Apartment 5plus
$237.4K
$207.7K – $276.9K
NOI $16,616 @ 7.0% cap · market cap 8.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$514.4K
$450.1K – $600.1K
NOI $36,006 @ 7.0% cap · market cap 18.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,080
Businesses Nearby
Explore this area
Business Placement
Demographics for 20012, DC
15,485
Population
7,599
Households
2
Avg Household Size
41
Median Age
59%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
7,374
Density / Sq Mi
$128,234
Median Household Income
$75,138
Median Earnings
$1,638
Median Rent
$838,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A 1960 residence pairs period parquet floors with expansive windows overlooking landscaped community grounds.
Where is this residential income property located?
The property is located at 6445 LUZON AVENUE NW Unit 209 Washington, DC.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two‑bedroom cooperative residence with 1,000 square feet; Built in 1960 with steel‑and‑concrete construction and plaster walls; Floor‑to‑ceiling west‑facing windows look onto landscaped grounds
