Est. cap rate

2.4%

Assumed rent, all units

$5,140/mo

Units

2

Price per unit

$649,500

Est. annual NOI

$30,840

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

2,532 sqft

Lot size

10,141 sqft

Year built

1952

Stories

1

Garage spaces

2

Cooling

See Remarks

Pool

None

Status

Active

Days on market

20

MLS #

244568065

About this property

Covina Duplex Investment Opportunity! Exceptional opportunity to own a well-maintained duplex in one of Covina's most desirable neighborhoods, just walking distance to the popular Glendora Public Market. Conveniently located within the highly sought-after Charter Oak Unified School District, this income-producing property also offers easy access to shopping, dining, parks, and major freeways, making it an ideal investment in a prime location. The front unit features 4 bedrooms and 2 bathrooms, plus a versatile bonus room and a private enclosed patio, providing generous living space and added privacy. The rear unit, built in 2007, offers 3 bedrooms and 2 bathrooms, along with its own separate garage. Extensive renovations were completed in 2022, including a new roof, remodeled kitchen, updated primary bathroom, new flooring, recessed lighting throughout, and a brand-new HVAC system for the front unit, providing peace of mind for years to come. Each unit has separate gas and electric meters, helping minimize owner expenses.

Location

5112 N Sunflower

Covina, Los Angeles, CA, 91724