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Duplex at 1625 Brigden
$1,999,888
1625 Brigden
Pasadena, Los Angeles, 91104
Duplex · 2 units
Active · 7 days on market

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.

5.0%
50%
25%
7.00%
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

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1625 Brigden, Pasadena CA | Multifamily for Sale