INCOME PRODUCING DUPLEX FOR SALE

2748 E 58TH ST, HUNTINGTON PARK, CA 90255

REQUEST A PRIVATE SHOWING

6 BED

4 BATH

2,634 SQ FT

6,690 SQ FT

$970,000

UNIT 1

  • BEDS:  3
  • BATHS:  2
  • GARAGE:  2
  • FURNISHED:  Unfurnished
  • ACTUAL RENT:  $0
  • TOTAL RENT:  $0
  • PRO FORMA:  $3,100

UNIT 2

  • BEDS:  3
  • BATHS:  2
  • GARAGE:  2
  • FURNISHED:  Unfurnished
  • ACTUAL RENT:  $2,400
  • TOTAL RENT:  $2,400
  • PRO FORMA:  $3,100

ANALYSIS:

  • GROSS SCHEDULE INCOME:  $66,000
  • GROSS OPERATING INCOME:  $28,800
  • NET OPERATING INCOME:  $50,668
  • OPERATING EXPENSE $/%:  $15,332
  • GROSS SPENDABLE INCOME:  $66,000
  • LOAN PAYMENT(ANNUAL):  $3,111
  • CAP RATE:  4.88
ANNUAL EXPENSE:
  • TOTAL OPERATING EXPENSE:  $6,249
  • TRASH: $859
  • INSURANCE: $1,790
  • WATER/SEWER: $3,600
NUMBER OF UNITS WITH:
  • SEPARATE ELECTRIC: 2
  • GAS METERS: 2
  • WATER METERS: 1
  • DISHWASHER: 0
  • RANGES: 2
  • REFRIGERATOR: 0
  • WALL AC: 0

Income Producing Duplex with Upgraded Unit & Private Parking!

Rare opportunity to own a spacious duplex in the heart of Huntington Park. All the photos are of the downstairs unit ONLY. The upstairs unit is occupied by tenants. This well-maintained property features two separate units, each offering 3 bedrooms and 2 full bathrooms, perfect for investors or own one, rent the other unit or have family and friends live in the other. The downstairs unit is upgraded and will be delivered vacant, ideal for owner-occupants or immediate rental income. The downstairs unit has an office space with a closet which can be used as a 4th bedroom. Both units offer a functional layout, plenty of natural light, and separate entrances. Bonus: Plenty of private parking on-site, a huge value-add in this neighborhood. Located near shopping, dining, schools, and major freeways. A cash-flow opportunity in a high-demand area. Live in one, rent the other, or lease both, either way, this one’s a win. The 4 car garage is an income potential for parking or better yet for an ADU should it get approved by the city. Please refer to city for guidelines. Showing as an SFR on Realist.  (Residential Income Listing MLS# RS25176619)

For Residential Listing, go to MLS# RS25187773

CONTACT THE LISTING AGENT & TEAM

CHRISTINE ALMARINES
DRE# 01412944
(714) 476-4637
christine@carealestategroup.com

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