
Deal numbers
- Est. cap rate
- 2.5%
- Assumed rent, all units
- $6,220/mo
- Units
- 2
- Price per unit
- $749,000
- Est. annual NOI
- $37,320
- 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
- $70,908
- Operating expenses
- $35,454
- Net operating income
- $35,454
- Annual debt service
- $89,696
- Annual cash flow
- -$54,242
- Cash on cash return
- -14.5%
- Down payment
- $374,500
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
- 4
- Bathrooms
- 2
- Building size
- 2,572 sqft
- Lot size
- 9,435 sqft
- Year built
- 1947
- Stories
- 1
- Garage spaces
- 2
- Style
- Cottage
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 33
- MLS #
- 247109094
About this property
One lot with two mirrored homes! Located in the heart of North San Gabriel, this unique property features two separate homes on a single parcel, complete with distinct addresses(241 N San Marino Ave and 240 N Santa Anita St) and fully independent utility meters (water, gas, and electricity). Spanning 2,572 square feet of total living space on an expansive lot of nearly 10,000 square feet, each residence offers 2 bedrooms and 1 full bathroom. Both homes feature upgraded electrical panels, brand-new plumbing, and central HVAC systems. The property has undergone a comprehensive, top-to-bottom renovation inside and out. Designed with a back-to-back mirrored layout, this property offers incredible versatility. It is ideal for dual-rental income, an owner-occupant looking to live in one unit while renting out the other, or a multi-generational family seeking shared living while maintaining total privacy. Move-in ready and truly one-of-a-kind, this exceptional home is ready for its new owner.
Location
241 N San Marino
San Gabriel, Los Angeles, CA, 91775