
Deal numbers
- Est. cap rate
- 2.7%
- Assumed rent, all units
- $4,480/mo
- Units
- 2
- Price per unit
- $499,500
- Est. annual NOI
- $26,880
- 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
- $51,072
- Operating expenses
- $25,536
- Net operating income
- $25,536
- Annual debt service
- $59,817
- Annual cash flow
- -$34,281
- Cash on cash return
- -13.7%
- Down payment
- $249,750
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
- 2,678 sqft
- Lot size
- 13,267 sqft
- Year built
- 1937
- Stories
- 1
- Garage spaces
- 2
- Heating
- Central
- Cooling
- Central Air,See Remarks
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 248787781
About this property
Welcome to an exceptional income-generating opportunity in the heart of Whittier! This thoughtfully designed duplex delivers the rare combination of generous living spaces, private outdoor amenities, and unmatched financial versatility. Each residence offers an expansive three-bedroom, two-bathroom layout that feels more like an individual single-family home than a shared multi-family parcel, providing unmatched privacy and comfort for residents. Both units showcase bright, well-proportioned living areas, sizable bedrooms with generous closet space, and dedicated in-unit laundry areas. Enhancing day-to-day convenience, each home comes complete with its own private two-car garage—providing secure parking and ample additional storage—as well as dedicated front and backyard spaces perfect for outdoor dining, gardening, weekend entertaining, or letting pets roam freely. This property presents an ideal scenario for a variety of buyer profiles: The Front Residence: Delivered completely vacant at the close of escrow, providing a turn-key opportunity for an owner-occupant to move right in, or an investor to place a new tenant at current market rent. The Rear Residence: Currently occupied by reliable, long-term, excellent-paying tenants who treat the home with care, ensuring dependable, immediate cash flow from day one without missing a beat. Superbly situated within a vibrant Whittier neighborhood, residents will appreciate quick, seamless access to premier shopping hubs, popular local eateries, neighborhood parks, well-regarded schools, and major commuter freeways (including the 605 and 5 freeways). Whether your goal is to "house hack" by living in one home while having the adjacent unit offset your monthly mortgage, expand a residential income portfolio with a high-demand multi-family asset, or capitalize on long-term appreciation in a thriving Southern California market, this Whittier duplex delivers remarkable space, enduring quality, and outstanding future promise. Don't miss the chance to tour this unique property and explore its full potential!
Location
11912 Carmenita Road
Whittier, Los Angeles, CA, 90605