Deal numbers
- Est. cap rate
- 3.1%
- Assumed rent, all units
- $4,100/mo
- Units
- 2
- Price per unit
- $400,000
- Est. annual NOI
- $24,600
- 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
- $46,740
- Operating expenses
- $23,370
- Net operating income
- $23,370
- Annual debt service
- $47,902
- Annual cash flow
- -$24,532
- Cash on cash return
- -12.3%
- Down payment
- $200,000
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
- 1,923 sqft
- Lot size
- 4,699 sqft
- Year built
- 1923
- Stories
- 1
- Garage spaces
- 4
- Style
- Traditional
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 248805089
About this property
Welcome to 5947 John Ave, a unique Long Beach duplex offering two detached units, exceptional parking, and recent improvements throughout with a layout that provides flexibility for both investors and owner-occupants. The front residence is approximately 1,100 SF, featuring 2 bedrooms and 2 bathrooms across two levels. Recently renovated in 2026, the home offers an open-concept first floor with a spacious living area, updated kitchen, bathroom, and a dedicated interior laundry room. Upstairs are two bedrooms, a second bathroom, and a versatile loft space. The front unit also features an impressive attached 3-car garage with direct interior access, plus a driveway capable of accommodating approximately three additional vehicles. The rear residence is approximately 823 SF, offering 2 bedrooms and 1 bathroom in a single-story layout. The unit has received recent upgrades and is currently occupied by a long-term tenant. Adding to the property's appeal, each unit has its own garage and separate water, gas, and electric meters, providing clear separation between the two residences. The property has also been recently painted, giving the exterior a refreshed appearance. With two detached residences, four total garage spaces, separate utilities, recent renovations, and substantial parking.
Location
5947 John Avenue
Long Beach, Los Angeles, CA, 90805