
Deal numbers
- Est. cap rate
- 1.8%
- Assumed rent, all units
- $6,120/mo
- Units
- 2
- Price per unit
- $999,944
- Est. annual NOI
- $36,720
- 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
- $69,768
- Operating expenses
- $34,884
- Net operating income
- $34,884
- Annual debt service
- $119,748
- Annual cash flow
- -$84,864
- Cash on cash return
- -17.0%
- Down payment
- $499,972
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
- 4
- Building size
- 2,629 sqft
- Lot size
- 9,602 sqft
- Year built
- 1913
- Stories
- 1
- Garage spaces
- 4
- Cooling
- Central Air
- Pool
- None
- View
- Mountain(s)
- Status
- Active
- Days on market
- 7
- MLS #
- 247010552
About this property
Prime Investment Opportunity in Pasadena Held by the same family for the past 25 years, this exceptional side-by-side duplex offers a rare owner-occupy opportunity to live in one unit while generating passive rental income from the other. Key Features Property Type: Side-by-side multi-family duplex The property benefits from newer roof/insullation, furnace, air conditioning and water heaters. Layout: Two identical side-by-side units Unit Details: Each unit features 2 bedrooms, 2 bathrooms, and a dedicated laundry room. Setting: Nestled in a quiet, desirable Pasadena neighborhood with direct views of the nearby mountain range. Location & Convenience Minutes from top local schools and convenient public transit bus routes. Close to local markets, shopping centers, and vibrant commercial districts. Fast, easy access to nearby freeways for effortless commuting. Treelined street and views of the Mountain Wilson Range. The property benefits from a newer roof/insullation,air conditioning, water heaters.
Location
1625 Brigden
Pasadena, Los Angeles, CA, 91104