House Park Spring , 165.000$ 5 bed, 2000 sqft, converted garage appartment, rent 1600$ (lease just renewed 1 year) paid in full2.

Hello Biggerpockets,Some background on me:  I own a design + build firm here in l.a. and have done plenty of flips and currently own 14 doors (2- 4units, 1- 3 unit, 1 duplex, 1 sfd) My agent recently brought me a property 24,700 s.f. lot with rd1.5 zoning (1 habitable dwelling every 1500 s.f. of lot) ...meaning I can build up to 16 units on itIt currently has 4 single family type homes on it generating $6400 monthly (3 - 2 bed 1 bath & 1 3 bed 2 bath) The owner is asking for way too much (1.9m) and basically trying to find someone to partner with. 

How much does it cost to build a average 2 bed room/1 bath unit?

This would keep the 3br/1b configuration and 1br will become a "master bed".

It’s 10 units 2 bed 1 bath.

I know of an upper level unit (maybe 1000 sq ft), 2 bed, 1 bath that is getting $1150 a month.

My houses are 2 bed, 1 bath. 

As a landlord, it’s not like you’re attesting that he was in bed by 10pm each night.

We helped a young military member last year house hack a 4 bed/2.5 bath property - he paid $740k for the home and is paying less than $900 per month in mortgage payments after his 2 renters pay the rest. 

I've converted all the units from 2 to 3 beds.