
Deal numbers
- Est. cap rate
- 2.6%
- Assumed rent, all units
- $3,740/mo
- Units
- 2
- Price per unit
- $432,500
- Est. annual NOI
- $22,440
- 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.
- Effective gross income
- $42,636
- Operating expenses
- $21,318
- Net operating income
- $21,318
- Annual debt service
- $51,794
- Annual cash flow
- -$30,476
- Cash on cash return
- -14.1%
- Down payment
- $216,250
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
- 2
- Building size
- 2,864 sqft
- Lot size
- 5,534 sqft
- Year built
- 1948
- Stories
- 2
- Garage spaces
- 2
- Pool
- None
- Status
- Active
- Days on market
- 184
- MLS #
- 240230162
About this property
Downstairs Unit Now Vacant! Buyer could not get loan approved and property appraised for $880k. Welcome to one of the only true 4 bedroom, 2 bath duplexes you will find on the market. Over 1,400 sq ft per unit, which is nearly unheard of in a duplex at this price point and exactly the kind of space that attracts stable, long-term tenants who stick around. Upstairs Unit currently rented for $2638 per month with a market rate of $3,450 per month. Tenant pays all utilities. Compton has no local rent control ordnance. Roof was replaced January 2025. One unit features a renovated interior with updated finishes throughout. Each unit has its own private entrance and the property includes separate 2-car garages in the rear, currently serving the tenants but also presenting a compelling ADU conversion opportunity with a large private yard behind the garage that could add a third income stream to an already performing asset. At this price, you are acquiring a large, income-producing asset with real upside and room to grow in one of Los Angeles County's most active markets for multifamily investment. Whether you are an owner-occupant, a seasoned investor, or a 1031 exchange buyer, the size, income, and future potential of this property make it one of the stronger opportunities available in this price range today.
Location
1009 E Stockton Ave
Compton, Los Angeles, CA, 90221