Est. cap rate

3.0%

Assumed rent, all units

$4,600/mo

Units

2

Price per unit

$454,000

Est. annual NOI

$27,600

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

Bathrooms

3

Building size

1,485 sqft

Lot size

5,892 sqft

Year built

1947

Stories

1

Garage spaces

2

Cooling

Wall/Window Unit(s)

Pool

None

View

Mountain(s)

Status

Active

Days on market

12

MLS #

245682021

About this property

Exceptional Investment Opportunity in the Heart of Alhambra! Don’t miss this rare duplex offering incredible income potential in one of Alhambra’s most desirable locations. Unit 405 has 1 bedroom, 1 bath units (670 sqft) Unit 407 has 1 bedroom, 2 baths (815 sqft) plus a garage converted into living space, providing excellent flexibility for rental income or extended family living. Both the front and back yards are spacious, offering exciting possibilities for future expansion, or enhanced outdoor living. Major upgrades include a new roof, new plumbing throughout, updated dual-pane windows and bathroom. Whether you’re an investor seeking strong cash flow or an owner-occupant looking to live in one unit while generating rental income from the others to offset mortgage, this property offers outstanding potential. Conveniently located near shopping, restaurants, schools, parks, public transportation, and easy freeway access, this is an opportunity you won’t want to miss.

Location

405 E Ramona

Alhambra, Los Angeles, CA, 91801