Deal numbers
- Est. cap rate
- 3.3%
- Assumed rent, all units
- $5,220/mo
- Units
- 2
- Price per unit
- $474,000
- 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
- $56,764
- Annual cash flow
- -$27,010
- Cash on cash return
- -11.4%
- Down payment
- $237,000
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
- 2
- Building size
- 2,646 sqft
- Lot size
- 7,495 sqft
- Year built
- 1978
- Stories
- 2
- Garage spaces
- 4
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 54
- MLS #
- 246009560
About this property
A unique two-unit opportunity near Downtown La Verne and the University of La Verne, offering the flexibility of residential living with additional income potential. Situated on a corner lot, the property features two, 2-story residences with a combined 2,646 sq ft of living space, 5 bedrooms, 2 full bathrooms, 1 three-quarter bathroom, 2 half bathrooms, central air conditioning, private outdoor areas, and four total garage spaces. Unit 2465 offers 2 bedrooms, 1.5 bathrooms, and its own 2-car garage. Unit 2467 features 3 bedrooms and 2.5 bathrooms, including 1 full bathroom, 1 three-quarter bathroom, and 1 half bathroom, along with its own 2-car garage. The two-residence configuration creates a range of possibilities: occupy one residence while generating rental income from the second, accommodate multigenerational living with separate spaces, or utilize the entire property as a residential income investment. Individual 2-car garages provide each residence with dedicated garage parking, while the 7,495 sq ft lot offers additional outdoor space. The location adds another important advantage, with Downtown La Verne, the University of La Verne, restaurants, shops, coffee, and community amenities nearby. This property offers a compelling blend of residential versatility and income-producing potential.
Location
2465 D Street
La Verne, Los Angeles, CA, 91750