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Duplex at 417 W Fairview Ave
$1,349,999
417 W Fairview Ave
San Gabriel, Los Angeles, 91776
Duplex · 2 units
Active · 6 days on market

Deal numbers

Est. cap rate
2.4%
Assumed rent, all units
$5,460/mo
Units
2
Price per unit
$675,000
Est. annual NOI
$32,760
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
$62,244
Operating expenses
$31,122
Net operating income
$31,122
Annual debt service
$80,834
Annual cash flow
-$49,712
Cash on cash return
-14.7%
Down payment
$337,500

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
3
Building size
2,185 sqft
Lot size
7,495 sqft
Year built
1950
Stories
1
Garage spaces
2
Heating
Central
Cooling
Central Air
Pool
None
View
None
Status
Active
Days on market
6
MLS #
247919105

About this property

This duplex property is located in the highly desirable San Gabriel Village, offering convenient access to shopping, banks, schools, and restaurants. The property features a new roof and has been recently remodeled with new laminate flooring in all three bedrooms. Key upgrades include: - Main unit: New A/C system with a new thermostat and updated air ducts. - Second unit: Newly installed 12,000 BTU mini-split system. - Kitchens: Both units have been updated with new fan hoods, and the main unit includes a new stove. - Maintenance: Both units have been recently tented for termite treatment. The property offers excellent value and versatility, making it an ideal opportunity for multi-generational living or as an investment for dual rental income. It also includes a 2-car garage and additional RV parking that can accommodate up to six vehicles. Property needs minor TLC and is sold AS-IS. Please feel free to reach out if you would like more information or to schedule a private tour.

Location

417 W Fairview Ave

San Gabriel, Los Angeles, CA, 91776

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

417 W Fairview Ave, San Gabriel CA | Multifamily for Sale