Est. cap rate

3.5%

Assumed rent, all units

$5,560/mo

Units

2

Price per unit

$475,000

Est. annual NOI

$33,360

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

4

Bathrooms

2

Building size

1,525 sqft

Lot size

6,982 sqft

Year built

1952

Stories

1

Garage spaces

1

Heating

Electric,Ductless

Cooling

Electric,Ductless

Pool

None

View

Neighborhood

Status

Active

Days on market

0

MLS #

249045705

About this property

Fantastic Duplex Opportunity in the Heart of Downey! Welcome to 8248–8250 Priscilla Street, a fantastic opportunity to own a versatile duplex in a desirable Downey neighborhood! Featuring two side-by-side units, each offering 2 bedrooms, 1 bathroom, and its own private driveway, this property provides a unique combination of convenience, privacy, and flexibility. Ideal for investors looking to expand their portfolio or buyers seeking the opportunity to live in one unit while generating rental income from the other! Both units offer their own unique charm and inviting living spaces. One showcases beautiful vaulted ceilings with exposed beams, creating an open and airy atmosphere, along with a spacious kitchen featuring a center island and ample cabinetry. The second unit features an updated kitchen with sleek dark cabinetry, attractive countertops, recessed lighting, and a comfortable living area. Unlike traditional duplex layouts, these two units sit side by side, each with its own dedicated driveway, providing added separation, convenience, and a greater sense of independence for each household. Outside, the property offers generous outdoor space, mature landscaping, and a wide variety of fruit trees, creating a charming outdoor setting with the opportunity to enjoy fresh, homegrown fruit right from your own backyard. The outdoor areas offer plenty of potential for entertaining, relaxing, or creating your own private retreat. Conveniently located near shopping, dining, schools, parks, and major freeways, this property offers easy access to everything Downey and the surrounding communities have to offer. Whether you're looking for a smart investment, multigenerational living, or the opportunity to offset your mortgage with rental income, this duplex offers incredible versatility and potential.

Location

8250 Priscilla

Downey, Los Angeles, CA, 90242