Est. cap rate

2.7%

Assumed rent, all units

$3,640/mo

Units

2

Price per unit

$400,000

Est. annual NOI

$21,840

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

1,661 sqft

Lot size

4,954 sqft

Year built

1950

Stories

1

Garage spaces

2

Pool

None

Status

Active

Days on market

31

MLS #

245285632

About this property

Exceptional Duplex Opportunity – Ideal for Owner-Occupants or Investors! Welcome to this Amazing duplex offering two separate homes on one lot, perfectly designed for multi-generational living or income-producing potential. The front residence features 2 spacious bedrooms and 1 bathroom, highlighted by refinished hardwood floors, an inviting living room with abundant natural light, and a charming decorative fireplace. The updated kitchen includes a cozy dining area and convenient indoor laundry hookups. Privately situated in the rear, the second residence offers 1 bedroom, 1 bathroom, fresh interior finishes, hardwood flooring, and its own attached 2-car garage, providing excellent flexibility for rental income, extended family, or a private home office. The double-car garage is a perfect opportunity for an ADU that could generate a third income. Situated on an approximately 4,952 sq. ft. lot, this property offers ample parking, a shared outdoor space for entertaining or relaxing, and separate entrances for added privacy. Conveniently located near the city of Montebello, with access to shopping, dining, schools, parks, major freeways, and public transportation, this is an outstanding opportunity to own a versatile duplex in a highly accessible East Los Angeles location. Whether you're looking to live in one unit while generating rental income from the other or expand your investment portfolio, this property delivers exceptional value and endless possibilities

Location

6554 E Olympic

Los Angeles, Los Angeles, CA, 90022