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Duplex at 3322 Charlotte Ave
$2,350
3322 Charlotte Ave
Rosemead, Los Angeles, 91770
Duplex · 2 units
Active · 0 days on market

Deal numbers

Est. cap rate
1041.7%
Assumed rent, all units
$4,080/mo
Units
2
Price per unit
$1,175
Est. annual NOI
$24,480
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
$46,512
Operating expenses
$23,256
Net operating income
$23,256
Annual debt service
$141
Annual cash flow
$23,115
Cash on cash return
3934.5%
Down payment
$588

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
Bathrooms
1
Building size
1,041 sqft
Lot size
7,495 sqft
Year built
1955
Stories
1
Garage spaces
0
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
Pool
None
View
None
Status
Active
Days on market
0
MLS #
247915562

About this property

Welcome to 3322 Charlotte Avenue in Rosemead. This front unit offers 2 bedrooms, 1 bathroom, and a functional layout featuring a living room, separate dining room, kitchen, and laundry area. The residence also includes a gated front yard and a small covered porch. Conveniently located near the 10, 60, and 605 freeways, with easy access to the Walmart Supercenter, Target, supermarkets, shopping, local dining along Garvey Avenue, and Rosemead Park. Nearby schools include Willard Elementary and Temple Intermediate; prospective tenants are advised to independently verify school attendance boundaries and all school information.

Location

3322 Charlotte Ave

Rosemead, Los Angeles, CA, 91770

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

3322 Charlotte Ave, Rosemead CA | Multifamily for Sale