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Duplex at 1925 Royalty Drive
$995,000
1925 Royalty Drive
Pomona, Los Angeles, 91767
Duplex · 2 units
Active · 64 days on market

Deal numbers

Est. cap rate
2.9%
Assumed rent, all units
$4,780/mo
Units
2
Price per unit
$497,500
Est. annual NOI
$28,680
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
$54,492
Operating expenses
$27,246
Net operating income
$27,246
Annual debt service
$59,578
Annual cash flow
-$32,332
Cash on cash return
-13.0%
Down payment
$248,750

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
4
Bathrooms
2
Building size
1,976 sqft
Lot size
7,378 sqft
Year built
1963
Stories
1
Garage spaces
1
Heating
Central
Cooling
Central Air
Pool
None
View
Neighborhood
Status
Active
Days on market
64
MLS #
244914567

About this property

Totally Remodeled & Beautiful Home in Prime Pomona Location! Welcome to 1925 Royalty Drive, a stunning single-level home that has been completely remodeled with style and care. This bright and spacious 4-bedroom, 4-bathroom home offers approximately 1,976 square feet of modern living space. Upon entry, you're welcomed into a thoughtfully designed open floor plan featuring brand-new flooring, fresh paint, recessed lighting, and updated finishes throughout. The gorgeous kitchen boasts contemporary cabinetry and quartz countertops, creating the perfect setting for cooking and entertaining. All four bathrooms have been beautifully renovated with modern fixtures and finishes. Additional highlights include an attached 2-car garage with direct access, a private patio area, central heating and air conditioning, and in-unit laundry hookups. Conveniently located near local schools, shopping, dining, and major freeways, this beautifully updated home offers an exceptional combination of space, style, and comfort.

Location

1925 Royalty Drive

Pomona, Los Angeles, CA, 91767

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1925 Royalty Dr, Pomona CA | Multifamily for Sale