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Duplex at 1813 1st, 2114 A Street
$999,000
1813 1st, 2114 A Street
La Verne, Los Angeles, 91750
Duplex · 2 units
Active · 47 days on market

Deal numbers

Est. cap rate
3.1%
Assumed rent, all units
$5,220/mo
Units
2
Price per unit
$499,500
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.

5.0%
50%
25%
7.00%
Effective gross income
$59,508
Operating expenses
$29,754
Net operating income
$29,754
Annual debt service
$59,817
Annual cash flow
-$30,063
Cash on cash return
-12.0%
Down payment
$249,750

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
1,810 sqft
Lot size
8,402 sqft
Year built
2001
Stories
1
Garage spaces
4
Heating
Central
Cooling
Central Air
Pool
None
Status
Active
Days on market
47
MLS #
245506434

About this property

Excellent investment or owner-user opportunity featuring two separate residential units located at 2114 A Street and 1813 1st Street in La Verne. Both homes are in good condition and offer comfortable, functional living spaces with their own two-car garages. ** Residence at 2114 A Street features 3 bedrooms and 2 bathrooms ** Residence at 1813 1st Street features 1 bedroom and 1 bathroom This unique property provides flexibility for an investor, owner-occupant, extended family, or multi-generational living arrangement. Conveniently located near shopping, dining, schools, parks, and transportation. Buyer to independently verify all property details, including square footage, lot size, permits, unit configuration, zoning, and rental information.

Location

1813 1st, 2114 A Street

La Verne, Los Angeles, CA, 91750

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1813 1st, 2114 A St, La Verne CA | Multifamily for Sale