Deal numbers
- Est. cap rate
- 2.7%
- Assumed rent, all units
- $5,580/mo
- Units
- 2
- Price per unit
- $625,000
- Est. annual NOI
- $33,480
- 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
- $63,612
- Operating expenses
- $31,806
- Net operating income
- $31,806
- Annual debt service
- $74,847
- Annual cash flow
- -$43,041
- Cash on cash return
- -13.8%
- Down payment
- $312,500
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
- 1,812 sqft
- Lot size
- 7,048 sqft
- Year built
- 1916
- Stories
- 1
- Garage spaces
- 2
- Heating
- Central
- Pool
- None
- Status
- Active
- Days on market
- 3
- MLS #
- 246871506
About this property
Charming Pasadena Duplex Near Pasadena City College, 43-45 S. Greenwood Ave. Pasadena, CA. Excellent opportunity to own a well-located duplex in the heart of Pasadena, conveniently situated near Pasadena City College, shopping, restaurants, stores, and everyday amenities. Set on a spacious 7,048 sq. ft. lot, this two-unit property offers a desirable combination of character, flexibility, and rental potential. The front unit, originally built in 1916, features a charming semi-Craftsman architectural style with 2 bedrooms and 1 bathroom, offering timeless character and classic appeal. The rear unit has been newly remodeled and features 2 bedrooms and 1 bathroom, with new flooring, a brand-new kitchen, and a large private yard. The rear unit provides a comfortable, updated living space with excellent outdoor potential. Both units offer their own 2-car detached garage, providing ample parking and storage. The property also features separate electrical and gas meters, with one shared water meter, making it a practical setup for multi-unit living or investment purposes. A great opportunity for an owner-user, extended household, or investor looking for a well-located duplex in Pasadena.
Location
43 S Greenwood
Pasadena, Los Angeles, CA, 91107