Turnkey Duplex with Flexible
For Sale
$1,799,900
134 N 12th Street, Montebello, CA 90640
Turnkey duplex featuring smooth stucco exterior, newer flooring, and multiple unit configurations including a potential split upstairs.
Property Size4,111 SF
Days on Market112
Property Features for 134 N 12th Street
General Information
Standard status
Active
Size
4,111 SF
Property subtype
Duplex
Building Details
Building Size
4,111 SF
Year Built
1937
Listing Agency:
JASON MITCHELL REAL ESTATE CALIFORNIA, INC.
Listed By:
ITZEL GONZALEZ · License #01831564
Source:
Archetyperealty
Added: Jun 1
Changed: Sep 11
Last Checked: Sep 19 at 10:39AM
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 JASON MITCHELL REAL ESTATE CALIFORNIA, INC.
Investment Insights
Based on property information with market context.
This turnkey duplex offers a smooth stucco exterior and updated interiors, with newer flooring and other improvements throughout. The large front unit is configured as 4 bedrooms and 3 bathrooms, with an appraised area of 1,952 square feet. The 2-story back building is appraised at 2,159 square feet and is configured as 5 bedrooms and 4 bathrooms, including a 1/1 on the first floor with a kitchen and a 4/3 upstairs with another permitted kitchen.
The upstairs portion can be divided into a smaller section of 751 square feet with a 2/1 layout and separate access through the stairway behind the garage, supporting flexible use within the property. An appraiser floor plan sketch is included with the offering.
Owner financing is available with a strong down payment, and the terms are negotiable.
The upstairs portion can be divided into a smaller section of 751 square feet with a 2/1 layout and separate access through the stairway behind the garage, supporting flexible use within the property. An appraiser floor plan sketch is included with the offering.
Owner financing is available with a strong down payment, and the terms are negotiable.
Key Highlights
- Owner financing available with a strong down payment; terms are negotiable
- Duplex in Montebello with smooth stucco exterior and newer flooring plus other updates
- Front unit is taped at 1,952 SF with a 4/3 configuration
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$71,793
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,435,860
$1.4M
Cap Rate 7%
$1,025,614
$1.0M
Cap Rate 9%
$797,700
$797.7K
Market Conditions
NOI Build-Up for 4,111 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$111.0K $27.00/SF
− Vacancy
−$8.4K −$2.05/SF
EGI
$102.6K $24.95/SF
− OpEx
−$30.8K −$7.48/SF
NOI
$71.8K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,435,860
Cap Rate 7%
$1,025,614
Cap Rate 9%
$797,700
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$897.4K – $1.20M
NOI $71,793 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$945.0K
$826.9K – $1.10M
NOI $66,149 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$2.20M
$1.93M – $2.57M
NOI $154,071 @ 7.0% cap · market cap 8.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,976
Businesses Nearby
Explore this area
Business Placement
Demographics for 90640, CA
62,678
Population
20,438
Households
3.1
Avg Household Size
38
Median Age
22%
College-Educated
74%
High-School Grad
8.3 sq mi
ZIP Area
7,552
Density / Sq Mi
$74,833
Median Household Income
$37,983
Median Earnings
$1,771
Median Rent
$660,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Turnkey duplex featuring smooth stucco exterior, newer flooring, and multiple unit configurations including a potential split upstairs.
Where is this duplex located?
The property is located at 134 N 12th Street Montebello, CA.
What is the asking price?
The asking price for this property is $1,799,900.
What are key features of this property?
This property features: Owner financing available with a strong down payment; terms are negotiable; Duplex in Montebello with smooth stucco exterior and newer flooring plus other updates; Front unit is taped at 1,952 SF with a 4/3 configuration
