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Duplex at 2645 W Via Corona
$1,249,000
2645 W Via Corona
Montebello, Los Angeles, 90640
Duplex · 2 units
Active · 155 days on market

Deal numbers

Est. cap rate
3.6%
Assumed rent, all units
$7,540/mo
Units
2
Price per unit
$624,500
Est. annual NOI
$45,240
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.

5.0%
50%
25%
7.00%
Effective gross income
$85,956
Operating expenses
$42,978
Net operating income
$42,978
Annual debt service
$74,787
Annual cash flow
-$31,809
Cash on cash return
-10.2%
Down payment
$312,250

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
8
Bathrooms
6
Building size
2,900 sqft
Lot size
5,776 sqft
Year built
1956
Stories
2
Garage spaces
2
Heating
Central
Cooling
Central Air
Pool
None
View
None,Park/Greenbelt
Status
Active
Days on market
155
MLS #
238900799

About this property

Introducing a newly remodeled property in a prime location of Montebello, CA. The residence features A MAIN HOUSE, consisting of 5 bedrooms and 4 baths, fully remodeled with modern finishes. Three of the bedrooms are master suites, providing ample privacy and comfort, with one suite featuring its own private entrance. Additionally, the brand-new accessory dwelling unit (ADU) on the second floor offers 3 bedrooms and 2 baths with a private entry, perfect for guests, extended family or rental income. The entire property includes a dedicated laundry room for added convenience. Situated in a tranquil neighborhood, this home is just a short distance from amenities like Citadel Outlets, The Commerce Casino & Hotel, schools and parks, easy access to freeways: 5, 710, and 60, making it ideal for multi-generational families or a rental income investment.

Location

2645 W Via Corona

Montebello, Los Angeles, CA, 90640

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

2645 W Via Corona, Montebello CA | Multifamily for Sale