Est. cap rate

1.7%

Assumed rent, all units

$3,900/mo

Units

2

Price per unit

$675,000

Est. annual NOI

$23,400

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

4,000 sqft

Lot size

6,502 sqft

Year built

1925

Stories

1

Garage spaces

0

Pool

None

Status

Active

Days on market

225

MLS #

227239170

About this property

Presenting a prime opportunity to invest in a thriving commercial property, this property offers 2 units: one operating as a bakery and the other as a meat market, located in a vibrant neighborhood. Both units are well-equipped and visually appealing, with ample space for operations and customer engagement. With convenient amenities like nearby parking and public transit access, this property presents an attractive investment opportunity for those seeking a solid foothold in a bustling community. With established tenants and prime positioning, it's a promising prospect for long-term success and growth.

Location

4026 Gage Avenue

Bell, Los Angeles, CA, 90201