Est. cap rate

4.5%

Assumed rent, all units

$6,500/mo

Units

2

Price per unit

$435,000

Est. annual NOI

$39,000

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.

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

7

Bathrooms

3

Building size

2,306 sqft

Lot size

4,654 sqft

Year built

1939

Stories

1

Garage spaces

2

Style

Traditional

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

100

MLS #

248372836

About this property

Excellent duplex opportunity in North Long Beach featuring two units with a total of 7 bedrooms and 3 bathrooms situated on a 4,654 sq. ft. lot. The front unit is currently vacant, while the rear unit is tenant occupied. Offering functional floor plans, private living spaces, and ample outdoor area, this property provides exceptional versatility for a variety of living arrangements. Located in an established neighborhood near schools, shopping, dining, parks, public transportation, and major freeway access. Property is being sold AS-IS.

Location

2901 E 65th

Long Beach, Los Angeles, CA, 90805