
Deal numbers
- Est. cap rate
- 2.8%
- Assumed rent, all units
- $7,000/mo
- Units
- 2
- Price per unit
- $737,500
- Est. annual NOI
- $42,000
- 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
- $79,800
- Operating expenses
- $39,900
- Net operating income
- $39,900
- Annual debt service
- $88,319
- Annual cash flow
- -$48,419
- Cash on cash return
- -13.1%
- Down payment
- $368,750
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
- 5
- Bathrooms
- 2
- Building size
- 2,085 sqft
- Lot size
- 12,604 sqft
- Year built
- 1954
- Stories
- 1
- Garage spaces
- 3
- Cooling
- Central Air
- Pool
- Private
- View
- Valley
- Status
- Active
- Days on market
- 42
- MLS #
- 246902430
About this property
An assumable loan at 3.9% may be available for a portion of the purchase price, subject to lender approval and buyer qualification. Discover income potential, flexible living, and room to grow on an approximately 12,600 sq. ft. lot featuring two residences with separate addresses—17028 and 17032. This versatile property offers an appealing opportunity for investors, multigenerational households, or buyers looking to live in one home and rent the other. The approximately 1,200 sq. ft. front home features 3 bedrooms, 2 bathrooms, and an attached 2-car garage. Outdoor amenities include a swimming pool, covered patio, expansive yard, and fruit trees. A long private driveway provides ample parking for multiple vehicles, an RV, or a boat. Separately gated, the approximately 900 sq. ft. rear home/ADU offers 2 bedrooms, 1 bathroom, a 1-car garage, private front and rear yards, and convenient alley access, creating privacy and independence for each residence. Both recently renovated homes feature open-concept interiors, white shaker cabinetry, quartz countertops, stainless steel appliances, updated bathrooms, recessed lighting, laminate flooring, and dual-pane windows. Indoor laundry, heating and A/C, and separate gas and electric meters add everyday convenience. The oversized lot may offer further development potential, including additional ADUs and/or garage conversions, subject to applicable zoning, permits, and buyer verification. Conveniently located near shopping, dining, transportation, and the 405, 5, and 118 freeways. PLEASE DO NOT DISTURB OCCUPANTS.
Location
17028 Los Alimos Street
Granada Hills, Los Angeles, CA, 91344