
Deal numbers
- Est. cap rate
- 3.4%
- Assumed rent, all units
- $4,860/mo
- Units
- 2
- Price per unit
- $434,500
- Est. annual NOI
- $29,160
- 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
- $55,404
- Operating expenses
- $27,702
- Net operating income
- $27,702
- Annual debt service
- $52,033
- Annual cash flow
- -$24,331
- Cash on cash return
- -11.2%
- Down payment
- $217,250
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
- 1,080 sqft
- Lot size
- 3,602 sqft
- Year built
- 1924
- Stories
- 1
- Garage spaces
- 1
- Style
- Bungalow
- Heating
- Floor Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- Mountain(s)
- Status
- Active
- Days on market
- 5
- MLS #
- 248464266
About this property
Welcome to this darling, high-potential duplex nestled in one of Monrovia’s most coveted neighborhoods. Brimming with classic Southern California character, this property features two separate, individual 1-bedroom, 1-bathroom units, offering incredible flexibility for savvy investors or an owner-user looking to live in one unit and rent out the other. There is one single car garage, a car port and driveway parking for convenience. Each bright and inviting unit features an efficient layout, comfortable living spaces, and a private feel. Enjoy the best of Monrovia living just moments from the vibrant shops, dining, and weekend street fairs of Old Town Monrovia, as well as scenic foothill hiking trails and convenient commuter access. Whether you are expanding your portfolio or starting your property-owning journey, this investment opportunity blends charm, location, and endless possibilities.
Location
148 N Shamrock
Monrovia, Los Angeles, CA, 91016