
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.
- 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