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Duplex at 11561 Perkins Avenue
$949,000
11561 Perkins Avenue
Whittier, Los Angeles, 90606
Duplex · 2 units
Active · 52 days on market

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.

5.0%
50%
25%
7.00%
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

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

11561 Perkins Ave, Whittier CA | Multifamily for Sale