Est. cap rate

2.7%

Assumed rent, all units

$4,120/mo

Units

2

Price per unit

$449,500

Est. annual NOI

$24,720

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

1,440 sqft

Lot size

7,031 sqft

Year built

1951

Stories

1

Garage spaces

2

Heating

Central

Cooling

Central Air

Pool

None

View

Neighborhood

Status

Active

Days on market

2

MLS #

248772358

About this property

Remodeled Home with Major Income Potential! Welcome to 8759 Snowden Ave, a completely renovated residence offering modern finishes, flexible living options, and income potential. Featuring 3 bedrooms, 1.5 bathrooms, and a permitted 1 bed, 1 bath Junior Accessory Dwelling Unit (JADU), this property combines extensive upgrades with versatile living arrangements and an expansive backyard with room to grow. The main residence (1,111 sq ft) features a bright living and dining area complemented by new flooring, all-new windows, and sliding doors that invite natural light into the home. The generously sized kitchen is equipped with all-new appliances, while new plumbing throughout, including new copper plumbing serving the kitchen, laundry, and shower, adds to the improvements. A new roof completes the list of valuable upgrades. The permitted JADU, a converted garage (329 sq ft), offers rental potential or flexible space for guests. A great house hack opportunity: live in the main home and rent the JADU to help offset your mortgage. The unit features a private entrance, kitchen with new appliances, in-unit washer and dryer, and mini-split heating and A/C. Main residence and JADU combined: 1,440 sq ft. Private gated access to the backyard serves both the main residence and JADU. The 3,000-square-foot backyard offers a wealth of possibilities, from creating a private outdoor retreat to exploring the potential for a detached ADU, subject to city approval, zoning, and permitting requirements. Ficus trees surround the property, adding natural greenery and visual appeal, with privacy increasing as they grow. Combining a full renovation, a JADU, and room for future expansion, 8759 Snowden Ave presents an opportunity for buyers seeking a versatile property with additional income potential and long-term value. Note: Half bath is unpermitted, per owner. Buyer to verify square footage, rent control/RSO status, and all income and expenses. Income and expense fields show zero because figures are not available.

Location

8759 Snowden Ave.

Arleta, Los Angeles, CA, 91331