Est. cap rate

2.2%

Assumed rent, all units

$5,080/mo

Units

2

Price per unit

$697,500

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.

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

Building size

4,013 sqft

Lot size

15,005 sqft

Year built

1939

Stories

2

Garage spaces

2

Pool

Fenced,Private

Status

Active

Days on market

3

MLS #

248455182

About this property

Investor's Opportunity: 3 Buildings, Up to 5 Rental Units, Pool, on a 15,001 SF Lot! Rare income-property find in Baldwin Park with approx. 5,000 SF of living space across three separate buildings, configured for up to 5 units. Pro forma rents total approx. $11,600 per month. All units were recently remodeled and are in immaculate condition. Fenced pool and ample parking. FRONT HOUSE (approx. 1,600 SF): 3 BD / 2 BA with living room, dining room, tile floors throughout, washer/dryer hookups, and a porch overlooking the front yard and fruit trees. Pro forma rent: $3,500. MIDDLE BUILDING (approx. 1,000 SF, converted from garage and pool house, unpermitted): Two units, each with a private entry. • Unit 1: 1 BD / 1 BA, kitchen, living room, approx. 700 SF. Pro forma rent: $1,800. • Unit 2: Studio with kitchen and bath, approx. 300 SF. Pro forma rent: $1,300. REAR BUILDING (approx. 2,400 SF): Two units, each with a private entry. • Upstairs: 2 BD / 2 BA, kitchen, living room, own stair entry, approx. 1,200 SF. Pro forma rent: $2,500. • Downstairs: 2 BD / 1.5 BA, large kitchen, living room, 2-car garage, approx. 1,200 SF. Pro forma rent: $2,500. Property is currently owner-occupied and will be delivered vacant at close of escrow, giving the new owner the freedom to set rents and select tenants. Rents are estimates and not guaranteed. Buyer to verify permits, zoning, legal unit count, square footage, and rental income.

Location

3739 Kenmore

Baldwin Park, Los Angeles, CA, 91706