Est. cap rate

3.1%

Assumed rent, all units

$5,220/mo

Units

2

Price per unit

$499,500

Est. annual NOI

$31,320

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

1,786 sqft

Lot size

6,340 sqft

Year built

2023

Stories

1

Garage spaces

1

Heating

Solar,Central

Cooling

Gas,Central Air

Pool

None

View

None

Status

Active

Days on market

0

MLS #

248835718

About this property

TWO HOMES ON ONE LOT IN DESIRABLE LA VERNE! INCREDIBLE OPPORTUNITY FOR MULTIGENERATIONAL LIVING OR INVESTMENT INCOME! Welcome to Bonita Street, where versatility, convenience, and exceptional income potential come together! This fantastic property features TWO SEPARATE RESIDENCES, including an updated front home and a newer, fully permitted ADU built in 2023. Whether you're looking to live in one and rent the other, accommodate extended family, or expand your investment portfolio, this property offers endless possibilities! THE CHARMING FRONT HOME offers approximately 800 square feet with 2 bedrooms and 1 bathroom. Featuring a spacious living room, dining area, updated kitchen, and convenient washer/dryer hookups, this inviting residence provides comfortable everyday living. Step outside to an expansive PRIVATE BACKYARD with plenty of room for entertaining! A one-car garage adds additional convenience and storage. THE IMPRESSIVE NEWER ADU, BUILT IN 2023, offers approximately 1,000 square feet with 3 bedrooms and 2 bathrooms! Fully permitted and thoughtfully designed for independent living, this spacious residence features its own PRIVATE ALLEY ENTRANCE, SEPARATE YARD, DEDICATED PARKING, and individual washer/dryer hookups. Even better, the ADU includes FULLY PAID SOLAR PANELS, providing the potential for significant electricity savings! With its newer construction, generous floor plan, and exceptional privacy, this second residence is a tremendous asset. LOCATION, LOCATION, LOCATION! Ideally situated near the University of La Verne, the prestigious Claremont Colleges, Western University of Health Sciences, shopping, restaurants, schools, and major employment centers. Convenient freeway access and the nearby Metro A Line make commuting to Pasadena and Los Angeles easier than ever. LIVE IN ONE AND RENT THE OTHER! Enjoy the flexibility of two separate homes, each with its own outdoor space and access. Perfect for extended families, owner-occupants looking to offset their mortgage, or investors seeking rental income from two residences.

Location

1421 Bonita

La Verne, Los Angeles, CA, 91750