Deal numbers
- Est. cap rate
- 4.1%
- Assumed rent, all units
- $5,460/mo
- Units
- 2
- Price per unit
- $400,000
- Est. annual NOI
- $32,760
- 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
- $62,244
- Operating expenses
- $31,122
- Net operating income
- $31,122
- Annual debt service
- $47,902
- Annual cash flow
- -$16,780
- Cash on cash return
- -8.4%
- Down payment
- $200,000
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
- 2
- Building size
- 1,536 sqft
- Lot size
- 6,294 sqft
- Year built
- 1956
- Stories
- 1
- Garage spaces
- 1
- Cooling
- Central Air
- Pool
- None
- View
- Trees/Woods
- Status
- ComingSoon
- Days on market
- 0
- MLS #
- 248707323
About this property
RARE DUPLEX OPPORTUNITY IN LA PUENTE – PRICED TO SELL! Welcome to 338 S Sandalwood Avenue, a unique opportunity to own a multi-unit property in an established La Puente neighborhood where opportunities to purchase duplexes are limited! This property features two separate units, consisting of a spacious 3-bedroom, 1-bathroom unit and an additional 1-bedroom, 1-bathroom unit. Priced to sell with its current condition in mind, this duplex offers an attractive opportunity for investors and buyers looking to maximize a property’s potential. While the property would benefit from cosmetic updates and some TLC, it remains in overall decent condition, providing a great starting point for those looking to make improvements and add value. With two units on one property, buyers have the flexibility to explore multiple possibilities, whether expanding an investment portfolio, generating rental income, or occupying one unit while renting out the other. Multi-unit properties in this neighborhood don’t frequently become available, making this an opportunity worth exploring! Bring your vision and take advantage of the potential this La Puente duplex has to offer!
Location
338 S Sandalwood
La Puente, Los Angeles, CA, 91744