Est. cap rate

1.3%

Assumed rent, all units

$4,080/mo

Units

2

Price per unit

$925,000

Est. annual NOI

$24,480

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

3,844 sqft

Lot size

9,074 sqft

Year built

2019

Stories

2

Garage spaces

4

Heating

Central

Cooling

Central Air

Pool

None

View

Mountain(s)

Status

Active

Days on market

1

MLS #

248760381

About this property

Step into this beautiful gated modern dwelling with two custom-built homes on one lot. This Turnkey 2019 Duplex is perfect for multi-generational families and features its own gated entrance with beautiful landscaping throughout. This beautiful home features a high-ceiling, crown-molding throughout with beautiful wainscoting accents. Double-paned windows to ensure tranquility throughout with beautiful chandelier fixtures. The open living room and kitchen makes it a beautiful setting for big families. Your future home/investment property borders Rosemead and Monterey Park and is in the distinguished Alhambra Unified School District. Both homes feature 1800 sq. ft and boasts an amazing, high-ceiling, 2 level with 4 Bedrooms and 3 Baths. Live in the front and generate income with existing market rate tenants or maximize the rental income with both units. Your investment property can operate as one or two fully separated utilities with two unique addresses. This low-maintenance home comes with one of the lowest overheads you can find to maximize your ROI. This perfect investment won't last, you'll have to see it to appreciate it.

Location

7424 Columbia Street

Rosemead, Los Angeles, CA, 91770