Est. cap rate

1.9%

Assumed rent, all units

$4,280/mo

Units

2

Price per unit

$675,000

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

2,903 sqft

Lot size

5,409 sqft

Year built

1953

Stories

2

Garage spaces

1

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

14

MLS #

246190503

About this property

TWO HOUSES!!! TWO 3 bedroom homes PLUS a bonus studio. Very private two on a lot, with a long driveway and covered parking. The front house is a 3 bedroom, two bathroom home built in 1953 with hardwood floors, terra cotta tiles, lots of windows, and one designated parking spot. The back upstairs house, built in 1977 is a 3 bedroom with one bath. This home has a large kithcen and dining room, newer flooring, balcony with peekaboo view covered parking, backyard with lemon tree and garden area. The property also has a bonus studio area with a kitchen and 1/2 bath. The bonus area is being rented with the upstairs 3 bedroom at this time. Two utility rooms are at the back of the property, one has washer hookups and two newer water heaters. Located in very desirable upper Vista Del Oro area in Coastal San Pedro, boasting some of the best weather in the country if not the world. The owner may consider carrying the loan for the buyer.

Location

1235 W 24TH STREET

San Pedro, Los Angeles, CA, 90731