Est. cap rate

2.0%

Assumed rent, all units

$4,600/mo

Units

2

Price per unit

$705,000

Est. annual NOI

$27,600

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

2,614 sqft

Lot size

7,088 sqft

Year built

1952

Stories

1

Garage spaces

3

Style

Traditional

Heating

Floor Furnace

Cooling

None

Pool

None

View

None

Status

Active

Days on market

52

MLS #

246398312

About this property

Nestled within the highly desirable Historic California Heights neighborhood, this charming duplex combines spacious living, flexibility, and exceptional investment potential. This duplex offers a rare combination of versatility, comfortable living space, and investment potential. With two units residences, three garage spaces, individual laundry hookups, and generously sized interiors, the property is equally appealing as an income-producing investment or an opportunity to live in one unit while renting the other. The property includes a two-car detached garage serving the front residence and a separate one-car detached garage for the rear residence, providing valuable off-street parking and additional functionality. The rear residence at 3633 features two bedrooms and two bathrooms, complemented by a spacious living room and dedicated dining area. At the heart of the home is a large eat-in kitchen with tile countertops, pantry storage, and an adjacent laundry area with hookups. Both bedrooms feature walk-in closets and ceiling fans. The front residence also offers two bedrooms, each with a walk-in closet and ceiling fan, along with 1.5 bathrooms. Its comfortable floor plan includes a large living room, dining space, kitchen with tile countertops, and conveniently located laundry hookups just beyond the kitchen. Located in one of Long Beach’s most recognizable historic neighborhoods, this property offers the flexibility to generate rental income, accommodate extended family, or create an owner-occupied investment strategy while enjoying the charm and character of California Heights.

Location

3633 Lime

Long Beach, Los Angeles, CA, 90807