Est. cap rate

2.0%

Assumed rent, all units

$4,400/mo

Units

2

Price per unit

$675,000

Est. annual NOI

$26,400

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

2

Building size

2,238 sqft

Lot size

6,938 sqft

Year built

1988

Stories

2

Garage spaces

4

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

0

MLS #

248566672

About this property

Welcome to 6221and 6223 Citrus Ave. A rare and versatile property that’s perfect for a multi-family, an investor looking for a duplex as a rental property for a homeowner that would like to live in home and rent out the other. The front, 948 square foot single-story, 2-bedroom, 1-bathroom house has been fully remodeled giving it the appearance of a new home. The rear two-story home was built in 1988 with 1,290 square feet featuring 3-bedrooms and 2.5-bathrooms. Both homes have their own 2 car garages, plus plenty of additional on-site parking including room for RV parking. These homes are both in “turn-key” condition and ready for immediate occupancy.

Location

6221 Citrus

Whittier, Los Angeles, CA, 90601