Two-Unit Duplex with Vacant
7508 Cartwright Ave, Sun Valley, CA 91352
For Sale
Contact for pricing
One residence is tenant-occupied, while the other is vacant.
Property Size1,941 SF
Lot Size0.17 Acres
Price / SF$411.64
Days on Market38
Property Features for 7508 Cartwright Ave
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Multifamily Units
Tenant in Place
Listing Agency:
MRM & Associates, Realtors
Listed By:
Steve Rangel · License #CA 01356820
Source:
Crexi
Added: Oct 3
Changed: Nov 8
Last Checked: Nov 8 at 4:30PM
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 MRM & Associates, Realtors
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Investment Insights
Based on property information with market context.
The duplex contains two residences totaling 1,941 square feet on a 7,610-square-foot parcel. One unit is occupied by a residential tenant; the second is vacant. Permit and code matters require verification.
The property is identified at 7508 Cartwright Ave in Sun Valley, with 7507 Clybourn Ave also identified as an alternate address for the same parcel.
The property is identified at 7508 Cartwright Ave in Sun Valley, with 7507 Clybourn Ave also identified as an alternate address for the same parcel.
Key Highlights
- Two‑unit property with 1,941 square feet of building area
- 7,610‑square‑foot parcel
- One unit has a residential tenant; the other is vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,897
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$677,940
$677.9K
Cap Rate 7%
$484,243
$484.2K
Cap Rate 9%
$376,633
$376.6K
Market Conditions
NOI Build-Up for 1,941 SF
Gross rent
$52.4K $27.00/SF
− Vacancy
−$4.0K −$2.05/SF
EGI
$48.4K $24.95/SF
− OpEx
−$14.5K −$7.48/SF
NOI
$33.9K $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 Rate 5%
$677,940
Cap Rate 7%
$484,243
Cap Rate 9%
$376,633
Alternative Uses
Best Use
Multifamily LT 5
$484.2K
$423.7K – $565.0K
NOI $33,897 @ 7.0% cap · market cap 4.24%
Second Best
Apartment 5plus
$446.2K
$390.4K – $520.5K
NOI $31,232 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$810.4K
$709.1K – $945.5K
NOI $56,727 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
786
Businesses Nearby
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Business Placement
Demographics for 91352, CA
47,274
Population
13,119
Households
3.6
Avg Household Size
37
Median Age
18%
College-Educated
67%
High-School Grad
11.6 sq mi
ZIP Area
4,075
Density / Sq Mi
$74,621
Median Household Income
$35,570
Median Earnings
$1,761
Median Rent
$700,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Los Angeles County, CA
Properties on Market for Duplexes in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is tenant-occupied, while the other is vacant.
Where is this duplex located?
The property is located at 7508 Cartwright Ave Sun Valley, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑unit property with 1,941 square feet of building area; 7,610‑square‑foot parcel; One unit has a residential tenant; the other is vacant
