
Deal numbers
- Est. cap rate
- 3.0%
- Assumed rent, all units
- $4,700/mo
- Units
- 2
- Price per unit
- $474,500
- Est. annual NOI
- $28,200
- 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
- $53,580
- Operating expenses
- $26,790
- Net operating income
- $26,790
- Annual debt service
- $56,823
- Annual cash flow
- -$30,033
- Cash on cash return
- -12.7%
- Down payment
- $237,250
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
- 2,079 sqft
- Lot size
- 6,446 sqft
- Year built
- 1953
- Stories
- 1
- Garage spaces
- 3
- Heating
- Central
- Cooling
- Central Air,Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 52
- MLS #
- 246868506
About this property
Welcome to 11561 (2 Bed 1 Bath) & 11563 (4 Bed 2 Bath) Perkins Avenue, Designed for Living, Investing, and Building a Future Together. A Versatile Duplex Tucked Away on a Peaceful Cul-De-Sac and thoughtfully Improved with Upgrades to the Kitchen, Bathrooms, Insulation, and Electrical Panel, providing an Excellent Foundation for its next owner. This Duplex Offers Two Independent Living Spaces, Separate Electric, Gas, and Water Meters. This property is an Exceptional Opportunity for Multigenerational Families, Owner Users, or Investors looking for Flexibility and Long Term Potential. Adding even More Value is the Large Three Car Garage, a Highly Desirable Feature that Provides Substantial Parking and Storage. The Garage may also Offer Potential Future Living Quarter Conversion Opportunities, potentially Creating Additional Living Space or another avenue for Future Passive Rental Income. Whether you're looking to keep your family close, share the investment with loved ones, house hack, or expand your real estate portfolio, this is the kind of flexible duplex opportunity that is increasingly hard to find. Easy Access to the 605 Freeway, with the 60 and 5 Freeways nearby, making it convenient for commuting throughout Los Angeles and Orange Counties. Whittier Marketplace and Whittwood Town Center offer groceries, services, restaurants and everyday necessities. Nearby recreational options include City of Whittier Palm Park Center and The Whittier Greenway Trail providing opportunities for exercise, family outings and enjoying the outdoors. Come Experience For Yourself.
Location
11561 Perkins Avenue
Whittier, Los Angeles, CA, 90606