1409 Junipero Ave, Long Beach 90804
“Bread and Butter” income generating duplex which is currently rented to long term tenants. Property consists of 2 units- 1bed/1bath each, well maintained and both with gated off-street parking, laundry hook-ups and other amenities. Additionally, this property has an extra attached multi-purpose 2-story structure.
sold
UNITS: 2
GROSS RENT MULTIPLIER:
CAP RATE:
PRICE
$515,000
ANNUAL INCOME
$25,800
ANNUAL NOI
$19,859
ANNUAL EXPENSE
$6,225
Rental Cost Details
| # OF UNITS | # OF BEDROOMS | # OF BATHS | ACTUAL RENT | TOTAL RENT | PRO FORMA | TOTAL PRO FORMA |
| 1 | 1 | 1 | $1,025 | $1,025 | $1,175 | $1,175 |
| 1 | 1 | 1 | $1,125 | $1,125 | $1,225 | $1,225 |
| TOTAL # OF UNITS | TOTAL # OF BEDROOMS | TOTAL # OF BATHS | GRAND TOTAL RENT | GRAND TOTAL PRO FORMA | ||
| 2 | 2 | 2 | $2,150 | $2,400 |
