Est. cap rate

2.2%

Assumed rent, all units

$4,220/mo

Units

2

Price per unit

$580,000

Est. annual NOI

$25,320

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.

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

2,163 sqft

Lot size

6,205 sqft

Year built

1948

Stories

2

Garage spaces

2

Pool

None

Status

Active

Days on market

1

MLS #

247626323

About this property

Excellent duplex investment opportunity in a desirable Monterey Park location. Each unit features 2 bedrooms and 1 full bathroom, one unit offering an additional half bath on the main level. Interiors include a combination of wood and bamboo flooring, dual-pane windows, and convenient in-unit laundry closets. The property offers a fenced backyard, two parking spaces, and a detached 2 car garage. Situated on a quiet residential street, just minutes from popular restaurants, shopping centers. Ideally located within close distance to East Los Angeles College and a nearby elementary school. Easy access to the 60, 10, 710, and 5 freeways provides a convenient commute to Downtown Los Angeles and surrounding areas.

Location

2354 Schoolside

Monterey Park, Los Angeles, CA, 91754