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Duplex at 441 E California
$1,280,000
441 E California
Pasadena, Los Angeles, 91106
Duplex · 2 units
Active · 122 days on market

Deal numbers

Est. cap rate
2.6%
Assumed rent, all units
$5,480/mo
Units
2
Price per unit
$640,000
Est. annual NOI
$32,880
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
$62,472
Operating expenses
$31,236
Net operating income
$31,236
Annual debt service
$76,643
Annual cash flow
-$45,407
Cash on cash return
-14.2%
Down payment
$320,000

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
2,232 sqft
Lot size
7,267 sqft
Year built
1922
Stories
1
Garage spaces
2
Heating
Central
Cooling
Central Air
Pool
None
View
None
Status
Active
Days on market
122
MLS #
243588332

About this property

This duplex has been remodeled and is move-in condition. Buyers are advised to independently investigate all aspects of the property, including verifying the accuracy of all information (including sq. ft. and size, bedrooms, and baths) through personal inspection and with appropriate professionals, to their satisfaction. The property just passed city pre-sale inspections and redy to open escrow. Both units will be sold in its current "as-is, where-is" condition. The listing Brokers and sellers do not guarantee the accuracy of the information provided regarding permits, ordinances, conditions, zoning, or features or use of the property, as to the public record. Buyer and buyer's agent to verify any/all information to their satisfaction before making an offer. The interiors of these two units are turnkey. Both units to be delivered vacant at close of escrow. Convenient location close to supermarkets, shops, restaurants, and near Caltech and Pasadena College.

Location

441 E California

Pasadena, Los Angeles, CA, 91106

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

441 E California, Pasadena CA | Multifamily for Sale