
Deal numbers
- Est. cap rate
- 3.9%
- Assumed rent, all units
- $5,720/mo
- Units
- 2
- Price per unit
- $444,444
- Est. annual NOI
- $34,320
- 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.
- Effective gross income
- $65,208
- Operating expenses
- $32,604
- Net operating income
- $32,604
- Annual debt service
- $53,224
- Annual cash flow
- -$20,620
- Cash on cash return
- -9.3%
- Down payment
- $222,222
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
- Building size
- 2,016 sqft
- Lot size
- 6,209 sqft
- Year built
- 1959
- Stories
- 1
- Garage spaces
- 0
- Cooling
- Central Air
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 245055586
About this property
Residential income opportunity located at the gateway of Torrance. Close proximity to parks and Front house is 1200 SF featuring 3 bedrooms and 2 bathrooms. With new flooring installed a few years ago and a renovated bathroom, the cozy home also features a spacious kitchen. The backhouse is approximately 800 SF with 1 bedroom and 1 full bathroom. Shared yard in front of the back house To add to the income stream, the garage was converted (unpermitted) to two units featuring one studio and another being 1 bedroom and 1 bathroom. The property is fully leased with tenants paying for gas and electricity. Fumigation treatment complete along with major repairs completed in 2025. Owners takes care of trash and water. One of the members of the holding company is a licensed realtor.
Location
20518 Raymond
Torrance, Los Angeles, CA, 90502