
Deal numbers
- Est. cap rate
- 3.0%
- Assumed rent, all units
- $5,300/mo
- Units
- 2
- Price per unit
- $525,000
- Est. annual NOI
- $31,800
- 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
- $60,420
- Operating expenses
- $30,210
- Net operating income
- $30,210
- Annual debt service
- $62,871
- Annual cash flow
- -$32,661
- Cash on cash return
- -12.4%
- Down payment
- $262,500
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
- 5
- Bathrooms
- 3
- Building size
- 2,378 sqft
- Lot size
- 5,720 sqft
- Year built
- 1967
- Stories
- 2
- Garage spaces
- 2
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 248797801
About this property
2 residential unit. Functional 3 bedrooms, 2 baths unit on the 1st level, and 2 bedrooms, 1 bath on the 2nd floor. Each unit has its own fireplace in living room. 3 bedroom unit offers spacious living room, family room and a separate laundry room. Fenced yard with 2 car garage, plus many open space for additional parking space, and/or RV. Great setting for an outdoor play area or for vehicle uses. Attached sun room in the back can be removed to create a relaxing outdoor space. Bright, and airy 2 bedroom upstairs has its own private stairway access in the rear of the property. Covered balcony upon coming up the stairway with view of neighbors trees. Window ac in the bedrooms and kitchen dinning area. Very private and quiet setting. Live in one unit and collect rent on the other unit. ADU potential (check with City of Alhambra). Great setting for multi-generation in the same fenced yard. Convenient location, on quiet street, but close to public transit on Atlantic and Valley Blvd. Short walk to stores and restaurants. On bus line to Cal State LA, short drive to USC Medical center, LA downtown, Pasadena, & Glendale. Easy Trust sale process. Short escrow period preferred. Property does needs repair and will be sold in its AS IS, WHERE IS CONDITION.
Location
1000 Edith
Alhambra, Los Angeles, CA, 91803