Two-Unit Duplex Income
For Sale
$699,000
Pending
1020 S Mcbride, East Los Angeles, CA 90022
Duplex with two separate homes, each offering its own parking, laundry, and utility meters.
Property Size1,440 SF
Days on Market237
Property Features for 1020 S Mcbride
General Information
Standard status
Pending
Size
1,440 SF
Property subtype
MULTI_FAMILY
Site & Location
Neighborhood
Whittier
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
2
Building Details
Building Size
1,440 SF
Year Built
1922
Listing Agency:
Elevate Real Estate Agency
Listed By:
Andrea Campos · License #01869398
(626) 347-1901
Source:
Milsteinestates
Added: Mar 4
Changed: Oct 25
Last Checked: Oct 26 at 9:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elevate Real Estate Agency
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Investment Insights
Based on property information with market context.
This duplex features two separate homes on one lot. The front unit offers 3 bedrooms and 2 bathrooms. The back unit offers 3 bedrooms and 1 bathroom. Both units have their own parking spots, along with dedicated laundry and utility meters.
The property is centrally located in the East Los Angeles area with access to the 710/5/60 freeways and is near shopping centers.
Each unit’s separate layout and utility metering supports an income-focused setup for tenants who prefer independent services and parking.
The property is centrally located in the East Los Angeles area with access to the 710/5/60 freeways and is near shopping centers.
Each unit’s separate layout and utility metering supports an income-focused setup for tenants who prefer independent services and parking.
Key Highlights
- Duplex built in 1922 with two separate homes on one lot
- Front unit: 3 bed, 2 bath, with its own parking spot, laundry, and utility meters
- Back unit: 3 bed, 1 bath, with its own parking spot, laundry, and utility meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,022
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$660,440
$660.4K
Cap Rate 7%
$471,743
$471.7K
Cap Rate 9%
$366,911
$366.9K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$48.4K $33.60/SF
− Vacancy
−$1.2K −$0.84/SF
EGI
$47.2K $32.76/SF
− OpEx
−$14.2K −$9.83/SF
NOI
$33.0K $22.93/SF
Area
ZIP 90022
Vacancy
2.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$660,440
Cap Rate 7%
$471,743
Cap Rate 9%
$366,911
Alternative Uses
Best Use
Multifamily LT 5
$471.7K
$412.8K – $550.4K
NOI $33,022 @ 7.0% cap · market cap 4.72%
Second Best
Apartment 5plus
$430.1K
$376.3K – $501.8K
NOI $30,106 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$586.7K
$513.4K – $684.5K
NOI $41,069 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,265
Businesses Nearby
Explore this area
Business Placement
Demographics for 90022, CA
64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two separate homes, each offering its own parking, laundry, and utility meters.
Where is this duplex located?
The property is located at 1020 S Mcbride East Los Angeles, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Duplex built in 1922 with two separate homes on one lot; Front unit: 3 bed, 2 bath, with its own parking spot, laundry, and utility meters; Back unit: 3 bed, 1 bath, with its own parking spot, laundry, and utility meters
