Est. cap rate

2.7%

Assumed rent, all units

$4,200/mo

Units

2

Price per unit

$460,000

Est. annual NOI

$25,200

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

1,397 sqft

Lot size

6,147 sqft

Year built

1955

Stories

1

Garage spaces

2

Heating

Wall Furnace

Cooling

Wall/Window Unit(s),Ductless

Pool

None

View

Neighborhood

Status

Active

Days on market

17

MLS #

248766156

About this property

Great opportunity to own a duplex situated on a corner lot in the City of Paramount! Featuring two detached residential units, this property offers added privacy and flexibility for homeowners and investors alike. The front residence, features 2 bedrooms and 1 bathroom, while the second residence, offers 1 bedroom and 1 bathroom. Both units offer independent living spaces, making this an attractive option for multigenerational living or rental income potential. Additional highlights include separate gas and electric meters, garage parking, and outdoor space. Situated on an approximately 6,145-square-foot lot with convenient access to shopping, dining, schools, parks, and major transportation routes. An excellent opportunity to own a versatile income-producing property in an established Paramount neighborhood!

Location

6803 San Miguel

Paramount, Los Angeles, CA, 90723