
Deal numbers
- Est. cap rate
- 2.9%
- Assumed rent, all units
- $5,100/mo
- Units
- 2
- Price per unit
- $525,000
- Est. annual NOI
- $30,600
- 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
- $58,140
- Operating expenses
- $29,070
- Net operating income
- $29,070
- Annual debt service
- $62,871
- Annual cash flow
- -$33,801
- Cash on cash return
- -12.9%
- Down payment
- $262,500
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
- 1,593 sqft
- Lot size
- 7,782 sqft
- Year built
- 1925
- Stories
- 1
- Garage spaces
- 3
- Heating
- Floor Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- Status
- Active
- Days on market
- 4
- MLS #
- 248566826
About this property
Two homes, an expansive lot, and access from both the street and rear alley create a compelling opportunity in Glendale. Whether you’re building an investment portfolio, bringing multiple generations together, or seeking room to live, work, and create, this duplex offers flexibility now and possibilities for the future. The front home features two bedrooms and one bathroom, refreshed with new carpet in both bedrooms, new kitchen flooring, and fresh paint for a bright, inviting feel. Picture settling into your own home while the second residence serves another part of your life, from rental income to a place for loved ones nearby. The rear home offers one bedroom and one bathroom, with previous updates providing a comfortable setting for tenants, extended family, or a separate work-from-home retreat. Outside, the generous lot gives the property a sense of possibility that extends beyond its two residences. Imagine outdoor dinners, a flourishing garden, or a favorite spot to relax at the end of the day. A fruiting avocado tree adds a distinctly California touch, with the simple pleasure of gathering something fresh from your own yard. There’s space to enjoy today while considering how the property could evolve with your needs. Access from the front and rear alley adds convenience and flexibility to the layout, a valuable feature for those with a larger vision. Explore the potential for additional living space, a dedicated creative studio, or future development, subject to applicable requirements and approvals. A three-car garage offers substantial room for vehicles, storage, tools, and everyday projects, adding another practical advantage for owners and investors alike. For an investor, the two homes provide opportunities to explore rental income and a longer-term strategy. For an owner occupant, the appeal is equally versatile: live in one residence and rent the other, bring loved ones together while maintaining separate spaces, or create a comfortable division between home life and work. This is a property that invites you to think about what comes next and how you want to make it your own. A convenient Glendale location close to shopping, dining, and everyday essentials keeps daily routines within reach. From multigenerational living to investment potential, 1046 Sonora brings together two homes, generous grounds, a three-car garage, and dual access in one property with room for your vision to take shape.
Location
1046 Sonora Avenue
Glendale, Los Angeles, CA, 91201