Deal numbers
- Est. cap rate
- 3.0%
- Assumed rent, all units
- $5,220/mo
- Units
- 2
- Price per unit
- $525,000
- Est. annual NOI
- $31,320
- 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
- $59,508
- Operating expenses
- $29,754
- Net operating income
- $29,754
- Annual debt service
- $62,871
- Annual cash flow
- -$33,117
- Cash on cash return
- -12.6%
- Down payment
- $262,500
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
- 2,063 sqft
- Lot size
- 6,995 sqft
- Year built
- 1958
- Stories
- 1
- Garage spaces
- 1
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 69
- MLS #
- 245506377
About this property
Excellent investment opportunity featuring two separate residences on one lot in desirable La Verne. With two individual homes, this property offers flexibility for investors, multigenerational living, or an owner-occupant seeking additional rental income. • 2408 2nd Street: Updated in 2025 with refreshed finishes and added appeal, this residence offers 2 bedrooms and 2 bathrooms. • 2130 G Street: This residence offers 2 bedrooms and 1 bathroom. Conveniently located near Downtown La Verne, residents can enjoy walking or biking to local shops and restaurants, the University of La Verne, award-winning schools, parks, and more. This is a unique opportunity to own a versatile multi-unit property in an established and highly desirable La Verne neighborhood.
Location
2408 2nd, 2130 G Street
La Verne, Los Angeles, CA, 91750