Duplex with Remodeled Rear
For Sale
$998,888
3241 Santa Ana, Huntington Park, CA 90255
Two separate residences include a four-bedroom main home and a remodeled two-bedroom rear unit.
Property Size3,435 SF
Days on Market36
Property Features for 3241 Santa Ana
General Information
Standard status
Active
Size
3,435 SF
Property subtype
Duplex
Units
Unit Mix
1 x 4BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Building Details
Building Size
3,435 SF
Year Built
1948
Listing Agency:
KING REALTY GROUP, INC
Listed By:
Irene Santos · License #00965253
Source:
Truthrealty
Added: Jul 25
Changed: Aug 27
Last Checked: Aug 28 at 5:58PM
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 KING REALTY GROUP, INC
Investment Insights
Based on property information with market context.
This duplex includes a main residence with four bedrooms and two bathrooms, along with a separate rear unit offering two bedrooms and one bathroom. The rear unit has been completely remodeled, while one bathroom in the main home features a remodeled interior and a jet tub.
Built in 1948, the property is located at 3241 Santa Ana in Huntington Park, California. The two-residence configuration provides space for extended household arrangements or use of the additional unit as a rental, as supported by the existing layout.
Built in 1948, the property is located at 3241 Santa Ana in Huntington Park, California. The two-residence configuration provides space for extended household arrangements or use of the additional unit as a rental, as supported by the existing layout.
Key Highlights
- Two‑unit duplex configuration with separate main and rear residences
- Main residence offers 4 bedrooms and 2 bathrooms
- Rear unit includes 2 bedrooms and 1 bathroom
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
$59,987
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
6.01%
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%
$1,199,740
$1.2M
Cap Rate 7%
$856,957
$857.0K
Cap Rate 9%
$666,522
$666.5K
Market Conditions
NOI Build-Up for 3,435 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
$92.7K $27.00/SF
− Vacancy
−$7.0K −$2.05/SF
EGI
$85.7K $24.95/SF
− OpEx
−$25.7K −$7.48/SF
NOI
$60.0K $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%
$1,199,740
Cap Rate 7%
$856,957
Cap Rate 9%
$666,522
Alternative Uses
Best Use
Multifamily LT 5
$857.0K
$749.8K – $999.8K
NOI $59,987 @ 7.0% cap · market cap 6.01%
Second Best
Apartment 5plus
$789.6K
$690.9K – $921.2K
NOI $55,272 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,736 @ 7.0% cap · market cap 12.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
838
Businesses Nearby
Explore this area
Business Placement
Demographics for 90255, CA
71,157
Population
19,265
Households
3.7
Avg Household Size
34
Median Age
9%
College-Educated
53%
High-School Grad
3.7 sq mi
ZIP Area
19,232
Density / Sq Mi
$61,376
Median Household Income
$31,695
Median Earnings
$1,443
Median Rent
$562,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences include a four-bedroom main home and a remodeled two-bedroom rear unit.
Where is this duplex located?
The property is located at 3241 Santa Ana Huntington Park, CA.
What is the asking price?
The asking price for this property is $998,888.
What are key features of this property?
This property features: Two‑unit duplex configuration with separate main and rear residences; Main residence offers 4 bedrooms and 2 bathrooms; Rear unit includes 2 bedrooms and 1 bathroom
