Est. cap rate

4.4%

Assumed rent, all units

$4,440/mo

Units

2

Price per unit

$299,950

Est. annual NOI

$26,640

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

1,600 sqft

Lot size

4,982 sqft

Year built

1955

Stories

1

Garage spaces

0

Heating

Wall Furnace

Pool

None

Status

Active

Days on market

23

MLS #

246389192

About this property

Welcome to this well-maintained duplex in Hawaiian Gardens, offering an excellent opportunity for investors or owner-users. Both units feature 2 bedrooms and 1 bathroom, providing spacious and functional layouts. The property is currently fully tenant occupied on month-to-month leases, offering immediate rental income and an attractive investment opportunity. The property is in good overall condition and features hard surface flooring, updated bathrooms, and ample parking, adding convenience and value for tenants. Ideally situated in Hawaiian Gardens with convenient access to local shopping, dining, schools, transportation, and major thoroughfares. A great opportunity to own a solid income-producing property in a desirable Southern California location. Rent for the units are as follows: Unit 1: $1,728/mo. Unit 2: $1,500/mo.

Location

22314 Joliet Avenue

Hawaiian Gardens, Los Angeles, CA, 90716