
Deal numbers
- Est. cap rate
- 3.5%
- Assumed rent, all units
- $4,400/mo
- Units
- 2
- Price per unit
- $374,900
- Est. annual NOI
- $26,400
- 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.
- Effective gross income
- $50,160
- Operating expenses
- $25,080
- Net operating income
- $25,080
- Annual debt service
- $44,896
- Annual cash flow
- -$19,816
- Cash on cash return
- -10.6%
- Down payment
- $187,450
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
- 3
- Bathrooms
- 2
- Building size
- 1,384 sqft
- Lot size
- 6,957 sqft
- Year built
- 1923
- Stories
- 1
- Garage spaces
- 2
- Cooling
- None
- Pool
- None
- View
- Mountain(s),Neighborhood
- Status
- Active
- Days on market
- 4
- MLS #
- 246798476
About this property
MULTI-HOME OPPORTUNITY IN AZUSA! Discover the incredible potential of this unique property featuring a front house (2 bedroom and 1bathoom), separate back house 1 bedroom and 1 bathroom), and a detached two-car garage offering the possibility for an additional ADU or third living space (buyer to verify). All units will be delivered 100% vacant at the close of escrow, allowing you to bypass tenant relocation complexities, avoid rent-control traps, and choose your own tenants from day one. Whether you're looking for multi-generational living, rental income, or an investment opportunity, this property offers flexibility that is hard to find. Live in one home and rent the other, create a private space for extended family, or explore the potential to maximize the property with an additional unit. The detached two-car garage adds even more possibilities for a flex space, storage, or future conversion. Conveniently located near the 210 Freeway, shopping, restaurants, schools, parks, and everyday amenities, this property combines a desirable location with tremendous upside. Three potential living spaces on one property make this a must-see opportunity for homeowners and investors alike
Location
157 N Alameda Avenue
Azusa, Los Angeles, CA, 91702