Est. cap rate

1.7%

Assumed rent, all units

$5,080/mo

Units

2

Price per unit

$879,500

Est. annual NOI

$30,480

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

2,801 sqft

Lot size

7,489 sqft

Year built

1984

Stories

2

Garage spaces

4

Style

Contemporary

Heating

Natural Gas,Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

38

MLS #

246783760

About this property

Lovely two-unit property offering an excellent opportunity for an owner-occupant, extended family, or investor, with a spacious three-bedroom, two-bath front unit and an upstairs two-bedroom, two-bath rear unit. The completely updated front unit features a desirable floor plan with the primary bedroom and bath conveniently located downstairs, plus two additional bedrooms and a second bath upstairs. Recent improvements include new flooring, stainless steel appliances, fixtures, sinks, shower doors, stone countertops in the kitchen and bathrooms, light fixtures, handrails, and a newer water heater. There is also ample closet storage beneath the staircase and at the top of the stairs. The private rear unit is upstairs and offers two bedrooms and two bathrooms all on one level. Tile flooring, a private small yard, fruit trees, patio, and balcony areas provide comfortable indoor-outdoor living. Each unit has its own two-car garage with laundry hookups. Both units feature central heating and air conditioning, separate utility meters excluding water, tile roofs, and leased solar systems. The property has been recently painted both inside and out, including both units and garages. Beautifully landscaped front, side, and rear yards add to the property's appeal. Conveniently located close to shopping, with a park just one block away, and easy access to the mall and Santa Anita Race Track. This well-maintained, extensively updated property is in move-in condition and ready for your buyers!

Location

856 Fairview

Arcadia, Los Angeles, CA, 91007