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Duplex at 1000 Edith
$1,050,000
1000 Edith
Alhambra, Los Angeles, 91803
Duplex · 2 units
Active · 1 days on market

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.

5.0%
50%
25%
7.00%
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

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1000 Edith, Alhambra CA | Multifamily for Sale