Est. cap rate

2.8%

Assumed rent, all units

$4,280/mo

Units

2

Price per unit

$464,750

Est. annual NOI

$25,680

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

2,157 sqft

Lot size

6,158 sqft

Year built

1950

Stories

1

Garage spaces

1

Heating

See Remarks

Cooling

See Remarks

Pool

None

View

Neighborhood

Status

Active

Days on market

26

MLS #

245682507

About this property

This charming duplex in desirable Old Town Montebello offers an excellent opportunity for both homeowners and investors. Two detached units on one lot provide privacy and flexibility. 1581 sf. ft. front unit includes 3 bedrooms, 1.5 baths, and an attached 1 car garage. The rear unit offers 576 sf. ft. 1 bedroom, 1 bath, and dedicated parking. Both units have their own laundry and dryer hookups. Separate gas, electric meters for each unit ideal for owner occupancy, multigenerational living, or rental income. Convenient access to Beverly Boulevard, shopping, dining, schools, parks, and major freeways. Great location.

Location

112 S 2nd

Montebello, Los Angeles, CA, 90640