Deal numbers
- Est. cap rate
- 3.4%
- Assumed rent, all units
- $5,000/mo
- Units
- 2
- Price per unit
- $444,400
- Est. annual NOI
- $30,000
- 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
- $57,000
- Operating expenses
- $28,500
- Net operating income
- $28,500
- Annual debt service
- $53,219
- Annual cash flow
- -$24,719
- Cash on cash return
- -11.1%
- Down payment
- $222,200
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
- 5
- Bathrooms
- 2
- Building size
- 1,384 sqft
- Lot size
- 6,578 sqft
- Year built
- 1939
- Stories
- 1
- Garage spaces
- 3
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 124
- MLS #
- 241814064
About this property
TWO HOMES ON ONE LOT — TWO SEPARATE ADDRESSES! Rare opportunity to own TWO separate homes for the price of one in Pomona! Situated on a desirable corner lot, this unique 2-on-a-lot property features two separate addresses — 689 W. 11th St and 1060 S. Rebecca St — along with separate entrances and private yard spaces, making each home feel like its own single-family residence. Front Home – 689 W. 11th St: Spacious 3 bedroom / 1 bathroom home with high ceilings and extensive upgrades including newer roof, plumbing, windows, central HVAC, tankless water heater, modern kitchen, flooring, recessed lighting, and more. Second Home – 1060 S. Rebecca St: Charming 2 bedroom / 1 bathroom home with private entrance, private yard, 1-car garage, and updated exterior. Perfect setup for: • Multi-generational living • Living in one and renting the other • Adult children or extended family • Buyers seeking mortgage payment assistance through rental income Both homes are tenant occupied with stable rental income. Tenants currently pay all utilities. Corner lot location provides added privacy, convenience, and long-term value. A rare chance to own two separate homes under one purchase in today’s market. Drive by only. Do not disturb occupants.
Location
1060 S Rebecca
Pomona, Los Angeles, CA, 91766