Est. cap rate

4.9%

Assumed rent, all units

$9,480/mo

Units

2

Price per unit

$575,000

Est. annual NOI

$56,880

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.

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

6

Bathrooms

4

Building size

2,076 sqft

Lot size

5,176 sqft

Year built

1953

Stories

1

Garage spaces

0

Heating

Forced Air

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

0

MLS #

249014633

About this property

Rare La Crescenta/Montrose duplex opportunity offering unrivaled versatility and exceptional convenience. Perfectly situated in a premier, highly accessible neighborhood celebrated for its excellent schools, vibrant shopping, and varied dining, this property is an exceptional find for an owner-user, multi-generational living, or a savvy investor looking for rental income. The front home features a light and bright 3-bedroom, 2-bathroom layout complete with an attached 2-car garage and additional parking in the two car driveway and front yard. Upgrades include newer appliances, HVAC and painting. Tucked privately away, the back house offers 3 bedrooms and 1.5 bathrooms, boasting its own separate alley access and an incredible 4 covered parking spaces--a rare and highly valuable asset. The electrical panel was recently replaced and earthquake seismic valves were recently installed on both homes. Ideally located mere minutes from the historic Montrose Shopping, trendy restaurants, boutiques, and excellent freeway access for an easy commute to Glendale, Burbank, and Downtown LA. Duplexes with this configuration, extensive parking, and prime Foothills location rarely hit the market.

Location

2925 Mary Street

La Crescenta, Los Angeles, CA, 91214