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Duplex at 3453 California
$739,900
3453 California
Huntington Park, Los Angeles, 90255
Duplex · 2 units
Active · 76 days on market

Deal numbers

Est. cap rate
3.0%
Assumed rent, all units
$3,680/mo
Units
2
Price per unit
$369,950
Est. annual NOI
$22,080
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
$41,952
Operating expenses
$20,976
Net operating income
$20,976
Annual debt service
$44,303
Annual cash flow
-$23,327
Cash on cash return
-12.6%
Down payment
$184,975

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
1,576 sqft
Lot size
5,813 sqft
Year built
1940
Stories
1
Garage spaces
2
Pool
None
View
None
Status
Active
Days on market
76
MLS #
245224429

About this property

Welcome to this opportunity to own 2 separate houses on a lot in the City of Huntington Park. 3453-3453 1/2 California St. is a great investment opportunity to occupy one unit and generate rental income from the other unit, to help with the monthly payments. The front house is a 960 square foot 2 bedroom 1 bath house and the back house is a 616 square foot 2 bedroom 1 bath house and has it's own fenced yard. These units are located in the desirable east side part of HP between State St. and California Ave. The 2 houses are built on a 5,813 sqft. lot with the front unit having 2 attached garages with ADU/Jr. ADU potential (check with city). The front house has a front porch where you can sit back and relax. These units are next door to a park area, close to schools, churches, shopping centers, gas stations, major commute routes, centrally located to fwys and much more info. to come. Yard will be cleaned up.

Location

3453 California

Huntington Park, Los Angeles, CA, 90255

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

3453 California, Huntington Park CA | Multifamily for Sale