Est. cap rate

2.7%

Assumed rent, all units

$5,520/mo

Units

2

Price per unit

$610,000

Est. annual NOI

$33,120

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.

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

4

Bathrooms

2

Building size

1,720 sqft

Lot size

9,973 sqft

Year built

1947

Stories

1

Garage spaces

2

Heating

None

Cooling

None

Pool

None

View

None

Status

Active

Days on market

33

MLS #

246972282

About this property

10-minute bike stroll or a brief drive brings you right into Historic Uptown Whittier. This vibrant district is famous for its trees, local boutiques, vintage theaters, a Friday morning farmers market, and more than 80 cafes and restaurants. The neighborhood is further elevating this area with the multi-million dollar Greenleaf Promenade project to create an even more pedestrian-friendly outdoor dining and gathering experience. The property features an expansive detached garage space with parking capacity. Converting all or part of this garage structure into an ADU is one of the fastest, most cost-effective ways to add a 3rd income-producing unit to this lot without changing parcel lines Move in ready with its own private Yard. centrally located by 605 Hwy move into the front house, you can rent out the detached rear unit. The rental income can directly subsidize your monthly mortgage, making a high quality neighborhood much more affordable for a growing family.

Location

8603 Greenleaf

Whittier, Los Angeles, CA, 90602