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Duplex at 301 W Adams Avenue
$1,395,000
301 W Adams Avenue
Alhambra, Los Angeles, 91801
Duplex · 2 units
Active · 2 days on market

Deal numbers

Est. cap rate
2.5%
Assumed rent, all units
$5,740/mo
Units
2
Price per unit
$697,500
Est. annual NOI
$34,440
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
$65,436
Operating expenses
$32,718
Net operating income
$32,718
Annual debt service
$83,529
Annual cash flow
-$50,811
Cash on cash return
-14.6%
Down payment
$348,750

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
4
Bathrooms
2
Building size
1,342 sqft
Lot size
6,454 sqft
Year built
1923
Garage spaces
2
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
Pool
None
View
None
Status
Active
Days on market
2
MLS #
246141115

About this property

Charming Alhambra duplex opportunity in a desirable residential neighborhood. 301 W Adams Ave offers excellent flexibility for an owner-user, investor, or multi-generational living setup. Situated on a generous lot, this property features classic character, functional living spaces, and strong upside potential. Whether you are looking to live in one unit and rent the other, add to your income property portfolio, or explore future value-add possibilities, this property presents a rare opportunity in a prime Alhambra location. Conveniently located near local shopping, dining, schools, parks, public transportation, and major commuter routes, this property offers both everyday convenience and long-term rental appeal. Buyer to verify all permits, square footage, zoning, use, and development potential. Front house has a 3rd, unpermitted bedroom.Private Remarks: Property also listed under Residential Income MLS# P1-27186

Location

301 W Adams Avenue

Alhambra, Los Angeles, CA, 91801

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

301 W Adams Ave, Alhambra CA | Multifamily for Sale