
Deal numbers
- Est. cap rate
- 2.8%
- Assumed rent, all units
- $5,080/mo
- Units
- 2
- Price per unit
- $540,000
- Est. annual NOI
- $30,480
- 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.
- Effective gross income
- $57,912
- Operating expenses
- $28,956
- Net operating income
- $28,956
- Annual debt service
- $64,667
- Annual cash flow
- -$35,711
- Cash on cash return
- -13.2%
- Down payment
- $270,000
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
- 5
- Bathrooms
- 3
- Building size
- 2,044 sqft
- Lot size
- 5,076 sqft
- Year built
- 1965
- Stories
- 2
- Garage spaces
- 3
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 14
- MLS #
- 247948004
About this property
English Version Welcome to 2522 & 2524 Strathmore Avenue—a prime turn-key income property located in a highly desirable neighborhood of Rosemead, just half a block south of vibrant Garvey Avenue! This exceptional duplex offers incredible flexibility for savvy investors or owner-occupants looking to live in one unit while collecting substantial rental income from the other. Property Highlights: Dual Addresses & Separate Meters: Comprising two legal addresses (2522 & 2524 Strathmore Ave), offering privacy and seamless management. Upgraded Electrical & EV Ready: Newly upgraded electrical main panel and equipped with an EV charger—a highly sought-after modernization for tenants and homeowners alike. Spacious Downstairs Unit (3 Bed / 2 Bath): Freshly renovated with brand-new remodeling throughout, featuring a newly installed central A/C and heating system for maximum year-round comfort. Charming Upstairs Unit (2 Bed / 1 Bath): Recently remodeled, exceptionally maintained, and comes fully furnished—ready for immediate occupancy or turn-key long-term/short-term leasing. Top-Rated Schools: Located within a great school district serving Bitely Elementary, Garvey Middle School, and San Gabriel High School. Unbeatable Location: Enjoy easy access to regional shopping, authentic dining along Garvey Ave, local parks, and major freeways for an effortless commute. Whether you are expanding your investment portfolio or seeking a versatile multi-family home, this turn-key duplex is an outstanding opportunity. Don't miss out!
Location
2522 Strathmore
Rosemead, Los Angeles, CA, 91770