Est. cap rate

2.3%

Assumed rent, all units

$5,380/mo

Units

2

Price per unit

$699,000

Est. annual NOI

$32,280

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

2,115 sqft

Lot size

6,176 sqft

Year built

2022

Stories

1

Garage spaces

2

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

0

MLS #

249040197

About this property

Newer 2 units on 1 lot, built in 2022, no comparison to any other sale. Front unit has 3 bedrooms and 2 bathrooms, rear unit has it's own entrance and has to 2 bedrooms and 2 baths. Vaulted ceilings, newer construction with all new codes, tankless water heaters, newer kitchens, front unit has all appliances including washer and dryer, central air and heat, recessed lighting, walking distance to coffee shops, restaurants, bars, farmers market etc. Front unit is vacant and ready for immediate occupancy, live in one and keep the back unit as a cash cow.

Location

242 S Vista Bonita

Glendora, Los Angeles, CA, 91741