Est. cap rate

3.5%

Assumed rent, all units

$5,240/mo

Units

2

Price per unit

$449,500

Est. annual NOI

$31,440

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

4

Bathrooms

3

Building size

2,250 sqft

Lot size

7,803 sqft

Year built

1955

Stories

1

Garage spaces

2

Cooling

See Remarks

Pool

In Ground,Fenced,Private

View

None

Status

Active

Days on market

1

MLS #

248705627

About this property

This amazing property won’t last! A fantastic investment opportunity or perfect for owner-occupancy in Covina! This duplex is situated in a desirable neighborhood and offers great rental income potential. Unit 1: 2 beds, 2 baths; Unit 2: 2 beds, 1 bath. Enjoy a private backyard with a fenced swimming pool, perfect for entertainment and relaxation. Conveniently located near the 10 Freeway, Eastland Center, and IKEA, providing easy access to shopping, dining, and transportation. Don’t miss out on this incredible opportunity—schedule a viewing today!

Location

270 E Puente

Covina, Los Angeles, CA, 91723