Est. cap rate

3.3%

Assumed rent, all units

$6,560/mo

Units

2

Price per unit

$600,000

Est. annual NOI

$39,360

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

7

Bathrooms

3

Building size

2,550 sqft

Lot size

10,463 sqft

Year built

1950

Stories

1

Garage spaces

2

Cooling

Electric

Pool

None

View

Neighborhood

Status

ComingSoon

Days on market

0

MLS #

249080182

About this property

INVESTMENT OPPORTUNITY IN EL MONTE| MULTI-UNIT| PRIME LOCATION Discover the possibilities at 4257 Cedar Avenue in El Monte! Situated on an approximately 10,460-square-foot lot, this property offers an exciting opportunity for investors, multi-generational families, or buyers looking to maximize their real estate investment. With approximately 2,550 square feet of living space, the property offers flexibility and potential for those looking to expand their income-producing opportunities. POTENTIAL TO ACCOMMODATE UP TO FOUR LIVING UNITS! Explore the possibilities of creating additional living spaces to accommodate extended family or potentially generate multiple rental income streams. Whether you’re looking to live in one unit and rent out the others or expand your investment portfolio, this property presents an opportunity worth exploring. Any additional units or conversions are subject to zoning, permits, and approval by the appropriate authorities. EXCEPTIONAL LOCATION WITH CONVENIENCE AT YOUR DOORSTEP! Located in the heart of El Monte, this property offers convenient access to everyday essentials, including shopping centers, grocery stores, restaurants, schools, public transportation, and other neighborhood amenities. Commuters will appreciate the convenient access to major freeways, making travel throughout the San Gabriel Valley and surrounding Los Angeles communities easier. 4257 Cedar Avenue is an opportunity you won’t want to miss!

Location

4257 Cedar

El Monte, Los Angeles, CA, 91732