Deal numbers
- Est. cap rate
- 4.3%
- Assumed rent, all units
- $7,720/mo
- Units
- 2
- Price per unit
- $544,000
- Est. annual NOI
- $46,320
- 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
- $88,008
- Operating expenses
- $44,004
- Net operating income
- $44,004
- Annual debt service
- $65,146
- Annual cash flow
- -$21,142
- Cash on cash return
- -7.8%
- Down payment
- $272,000
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
- 6
- Bathrooms
- 2
- Building size
- 1,758 sqft
- Lot size
- 7,400 sqft
- Year built
- 1918
- Stories
- 1
- Garage spaces
- 2
- Cooling
- None
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 16
- MLS #
- 245712022
About this property
**Two detached homes. Two separate APNs. One unique opportunity in the heart of Anaheim.** Welcome to 117 & 117½ E. Sycamore Street, a rare property offering two detached homes on two separate parcels, sold together. Each residence features 3 bedrooms and 1 bathroom, with its own private entrance, laundry area, and detached garage, giving each home its own sense of privacy and independence. Whether you’re looking to live in one home and rent the other, accommodate extended family, or add two homes to your investment portfolio, this property offers flexibility that’s hard to find. Currently generating approximately $6,107 per month in gross rental income with long-term tenants in place. Current rents are below market, providing potential upside for a new owner through future rent increases, subject to applicable laws and lease terms. The property offers generous outdoor and parking areas and is conveniently located near Downtown Anaheim, the Anaheim Packing District, Disneyland Resort, Angel Stadium, shopping, dining, entertainment, and major freeways. Two detached homes. Two separate APNs. One purchase with multiple possibilities.
Location
117 E Sycamore
Anaheim, Orange, CA, 92805