Est. cap rate

4.2%

Assumed rent, all units

$9,200/mo

Units

2

Price per unit

$662,500

Est. annual NOI

$55,200

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

6

Bathrooms

4

Building size

2,734 sqft

Lot size

6,311 sqft

Year built

1977

Stories

2

Garage spaces

4

Heating

Central

Cooling

Central Air

Pool

None

View

Neighborhood

Status

Active

Days on market

230

MLS #

236968118

About this property

This duplex is an excellent rental income property or live in one, and rent out the other! The front unit with approximately 1475sf is a single story with three bedrooms and 2 baths, along with a kitchen, dining room, and a living room with gas fireplace. An attached 2-car garage features a laundry area with connections. The second unit has approximately 1,259sf and also features three bedrooms/2baths and is located above its two-car garage which includes a laundry area and connections. Primary suite in each unit has a separate shower and bathroom en suite. Both have been professionally maintained and feature carpet and plank vinyl flooring. Central air conditioning and heat. Conveniently located near shopping and dining at The Block of Orange, as well as the 5, 57 and 22 freeways.

Location

3607 W Park Central Ave

Orange, Orange, CA, 92868