Est. cap rate

3.6%

Assumed rent, all units

$4,780/mo

Units

2

Price per unit

$397,500

Est. annual NOI

$28,680

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

4

Bathrooms

2

Building size

1,784 sqft

Lot size

8,387 sqft

Year built

1953

Stories

1

Garage spaces

2

Heating

Electric,Ductless

Cooling

Electric,Wall/Window Unit(s),Ductless

Pool

None

View

None

Status

Active

Days on market

161

MLS #

238593151

About this property

Location! Location! Location! Conveniently located Duplex unit in central Pomona, most of the newer shopping plazas are located on Indian Hills Blvd, close to the 10 fwy for commute. Each unit features 2 bedrooms and 1 bathroom, complete with a private laundry area. Both units have been recently remodeled, showcasing wood flooring in the living areas and bedrooms, tile flooring in the kitchens and bathrooms, and individual split AC units. Both have a good size yard space and a detached one car garage for storage. Tenants are long term, they pay on time and take good cares of the property. Great potential for an additional ADU in the back yard, architect confirmed ADU up to 800 SF. Buyer & agent to consult with city for detail. Good income with low maintenance, bring your investor, it won't last!

Location

1305 E Kingsley Avenue

Pomona, Los Angeles, CA, 91767