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Duplex at 157 N Alameda Avenue
$749,800
157 N Alameda Avenue
Azusa, Los Angeles, 91702
Duplex · 2 units
Active · 4 days on market

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.

5.0%
50%
25%
7.00%
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

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

157 N Alameda Ave, Azusa CA | Multifamily for Sale