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Duplex at 241 N San Marino
$1,498,000
241 N San Marino
San Gabriel, Los Angeles, 91775
Duplex · 2 units
Active · 33 days on market

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.

5.0%
50%
25%
7.00%
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

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

241 N San Marino, San Gabriel CA | Multifamily for Sale