Est. cap rate

2.7%

Assumed rent, all units

$6,720/mo

Units

2

Price per unit

$749,500

Est. annual NOI

$40,320

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

5

Bathrooms

4

Building size

2,443 sqft

Lot size

8,403 sqft

Year built

1925

Garage spaces

2

Style

Cottage

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

78

MLS #

243824353

About this property

Charm, character, and endless potential define this beautiful 1925 property with exceptional curb appeal. An incredible value in the neighborhood--and now an even better opportunity--this rare two-on-a-lot offering is ideally situated in the heart of Altadena.A quaint front porch welcomes you into the front residence featuring 3 bedrooms and 2 bathrooms. Inside, the inviting living room is centered around a classic brick fireplace and complemented by recessed lighting and warm wood flooring. The windows fill the space with natural light, creating an airy and comfortable atmosphere.The spacious formal dining room provides the perfect setting for both everyday living and entertaining guests. The kitchen features wood countertops, a gas range, microwave, and abundant cabinetry. With great bones and timeless charm, the home offers a wonderful opportunity to personalize and make it your own.The rear residence has been tastefully updated and offers a cozy yet refined living experience. Featuring a beautiful wood-framed ceiling, wood flooring, and a fireplace, the space exudes warmth and comfort. A formal dining area flows seamlessly into the updated kitchen, creating an ideal layout for daily living. Upstairs, the bedrooms provide a private retreat designed for rest and relaxation.Outdoor spaces throughout the property create inviting places to enjoy Southern California living. Conveniently located just minutes from the foothills, local dining, shopping, and freeway access, this is a unique opportunity not to be missed.

Location

2122 Navarro Avenue

Altadena, Los Angeles, CA, 91001