Est. cap rate

2.9%

Assumed rent, all units

$3,820/mo

Units

2

Price per unit

$399,000

Est. annual NOI

$22,920

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

1,338 sqft

Lot size

4,744 sqft

Year built

1959

Stories

2

Garage spaces

1

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

205

MLS #

239936975

About this property

Discover A Fantastic Investment Opportunity To Own Your Own Duplex In The Desirable City Of El Monte. This Versatile Property Offers A Well Designed Unit Mix With Comfortable Living Spaces And ADU Potential. The Front Unit Features 3 Bedrooms and 1 Bathroom, Ideal For Extended Family, A Large Home Office, Or Additional Rental Flexibility. The Second Unit Is A Private Upstairs 1 Bedroom, 1 Bathroom With Its Own Garage, Offering Separation And Privacy For Tenants Or Guests. The Property Also Includes A Laundry Room, Generously Sized Yard, Perfect For Outdoor Enjoyment, Entertaining, Or Future Possibilities. With Its Functional Layout And Prime Location Near Shopping, Schools, And Major Freeways, This Duplex Presents An Excellent Opportunity With Tenants Already In Place, Providing Immediate Rental Income.

Location

9813 Cortada Street

El Monte, Los Angeles, CA, 91733