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Duplex at 658 Junipero Avenue
$835,000
658 Junipero Avenue
Long Beach, Los Angeles, 90814
Duplex · 2 units
Active · 0 days on market

Deal numbers

Est. cap rate
3.6%
Assumed rent, all units
$5,020/mo
Units
2
Price per unit
$417,500
Est. annual NOI
$30,120
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.

5.0%
50%
25%
7.00%
Effective gross income
$57,228
Operating expenses
$28,614
Net operating income
$28,614
Annual debt service
$49,997
Annual cash flow
-$21,383
Cash on cash return
-10.2%
Down payment
$208,750

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
1,000 sqft
Lot size
2,209 sqft
Year built
1923
Stories
1
Garage spaces
0
Cooling
None
Pool
None
View
None
Status
Active
Days on market
0
MLS #
249104359

About this property

Welcome to 658–662 Junipero Avenue, a charming duplex in Long Beach’s Rose Park neighborhood. Offering approximately 1,000 square feet of combined living space, this property features two one-bedroom, one-bathroom residences—an opportunity for an investor or a buyer considering living in one unit while renting the other. Inviting interiors feature wood-look flooring, crown molding, recessed lighting and ceiling fans. Large windows bring in natural light, while neutral colors complement the updated finishes. The kitchen shown features white Shaker-style cabinetry, granite countertops, stainless steel appliances and ample storage. A tiled tub and shower surround and a skylight add to the bathroom’s appeal. Separate entrances provide independence for each residence. Enjoy convenient access to neighborhood restaurants, coffee shops and shopping, with the beach and downtown Long Beach nearby. Whether you’re expanding your rental portfolio or exploring the benefits of owning a duplex, this Rose Park property offers plenty of possibilities.

Location

658 Junipero Avenue

Long Beach, Los Angeles, CA, 90814

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

658 Junipero Ave, Long Beach CA | Multifamily for Sale