Est. cap rate

3.1%

Assumed rent, all units

$4,400/mo

Units

2

Price per unit

$424,000

Est. annual NOI

$26,400

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

2

Building size

1,766 sqft

Lot size

7,022 sqft

Year built

1901

Stories

1

Garage spaces

3

Pool

None

Status

Active

Days on market

8

MLS #

247230717

About this property

Great duplex opportunity in Azusa, located directly across the street from Memorial Park! This property features two separate units, each with its own garage and outdoor space. The 3-bedroom, 2-bath unit has had interior upgrades within the last five years and features an attached 2-car garage and a spacious private yard, perfect for outdoor entertaining and recreation. This structure was built in 1988. The 1-bedroom, 1-bath unit offers excellent upside potential with an interior ready for updating. Significant improvements completed within approximately the last 1.5 years include a new roof, complete electrical rewire, new gas line from the house to the meter, and new main water supply line from the house to the street. This unit also features an attached 1-car garage and separate outdoor space. This is the original structure on the property. An excellent opportunity for an owner-occupant, investor, or multi-generational living, with the ability to live in one unit and generate rental income from the other. Convenient Azusa location with Memorial Park just steps from your front door!

Location

234 W 4th Street

Azusa, Los Angeles, CA, 91702