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Duplex at 1746 Jackson Ave
$1,259,000
1746 Jackson Ave
San Gabriel, Los Angeles, 91776
Duplex · 2 units
Active · 12 days on market

Deal numbers

Est. cap rate
2.1%
Assumed rent, all units
$4,380/mo
Units
2
Price per unit
$629,500
Est. annual NOI
$26,280
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
$49,932
Operating expenses
$24,966
Net operating income
$24,966
Annual debt service
$75,385
Annual cash flow
-$50,419
Cash on cash return
-16.0%
Down payment
$314,750

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
1,950 sqft
Lot size
4,945 sqft
Year built
2004
Stories
2
Garage spaces
3
Heating
Central
Cooling
Central Air
Pool
None
View
City Lights
Status
Active
Days on market
12
MLS #
247990562

About this property

Duplex, first time on the market in over 35 years. INVESTORS Delight... Seller represents the current configuration as a duplex with 3 bedroom 2 bath front unit and 2 bedroom one bathroom upstairs unit. Title shows 2 bedroom units with front unit having a bonus room used as a 3rd bedroom. Buyers are advised to independently verify all square footage, bedroom and bathroom counts, unit configuration, garage capacity, permits, zoning, rental information and intended use with the City of San Gabriel and all appropriate agencies. Property information is deemed reliable but is not guaranteed. Separate address & Utilities: Individually metered for stress-free management and lower owner expenses. With a long private and secure driveway in front or a separate rear unit entry to the back-alley way, parking will never be an issue for large families. Possibly convert 3 car Garage to Junior with city approval. Plenty of space with privacy to live in the front and rent the back or vice versa. Submit your best offer, Sellers extremely motivated. Priced aggressively to sell. This property delivers incredible flexibility for its next owner. Don't miss out on this rare, high-demand, turn-key opportunity in a prime San Gabriel location! Close to Downtown, State University, and major freeways.

Location

1746 Jackson Ave

San Gabriel, Los Angeles, CA, 91776

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1746 Jackson Ave, San Gabriel CA | Multifamily for Sale