Deal numbers
- Est. cap rate
- 3.8%
- Assumed rent, all units
- $6,700/mo
- Units
- 2
- Price per unit
- $524,950
- Est. annual NOI
- $40,200
- 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
- $76,380
- Operating expenses
- $38,190
- Net operating income
- $38,190
- Annual debt service
- $62,865
- Annual cash flow
- -$24,675
- Cash on cash return
- -9.4%
- Down payment
- $262,475
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
- 6
- Bathrooms
- 4
- Building size
- 2,756 sqft
- Lot size
- 7,165 sqft
- Year built
- 1959
- Stories
- 1
- Garage spaces
- 0
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 246801971
About this property
Fantastic opportunity in San Fernando! Welcome to 11826/11828 Fellows Ave., a spacious duplex offering approximately 2,756 square feet of total living space. The property currently features two units, each with 3 bedrooms and 2 bathrooms, offering spacious and functional layouts with approximately half of the total living area dedicated to each unit. Tankless Water heater. Central Air and heating. An excellent opportunity for investors, multi-generational living, or an owner-occupant looking to live in one unit while generating potential rental income from the other. Each unit has its own separate electricity meter, while the property is serviced by one shared gas meter. Conveniently located in the San Fernando Valley near shopping, dining, schools, transportation, and major commuter routes. Whether you're looking to expand your investment portfolio or searching for a property with flexibility for extended family and income potential, this duplex is one you won't want to miss! Public records/assessor information reflects 5 bedrooms and 4 bathrooms. Property currently shows as two 3-bedroom, 2-bath units. Buyer and buyer's agent are advised to independently verify bedroom/bathroom count, square footage, permits, property configuration, and all other information to their satisfaction.
Location
11826 Fellows
San Fernando, Los Angeles, CA, 91340