
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.
- 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