Duplex with Two-Car
For Sale
Contact for pricing
Pending
795 Morada Place, Altadena, CA 91001
Two residences share a paved driveway and offer separate living arrangements with kitchens, laundry access, storage, and landscaped outdoor areas.
Property Size2,254 SF
Lot Size0.18 Acres
Days on Market229
Property Features for 795 Morada Place
General Information
Standard status
Pending
Size
2,254 SF
Total Parking Spaces
2
Lot size
0.18 Acres
Property subtype
Multifamily
Zoning
Assessor
Units
Unit Mix
1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
fireplace
on-site laundry
storage
landscaped grounds
mountain views
Building Details
Buildings
2
Stories
1
Units
2
Listing Agency:
eXp Realty of California Inc
Listed By:
HELEN NGO · License #02053862
Source:
Crexi
Added: Feb 27
Changed: Sep 10
Last Checked: Oct 12 at 7:24PM
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 eXp Realty of California Inc
Investment Insights
Based on property information with market context.
This duplex property at 795 Morada Place includes a primary residence and a detached back house. The front home offers three bedrooms, one bathroom, original hardwood floors, two fireplaces, large windows, on-site laundry, storage, and a two-car garage. The rear residence provides one bedroom, one bathroom, and its own kitchen. Together, the homes contain 2,254 square feet of living space on an approximately 7,663-square-foot lot.
The property is located in Altadena, CA 91001, within walking distance of elementary and middle schools, restaurants, shopping centers, and public transportation. Landscaped grounds, a paved shared driveway, and subtle mountain views add usable outdoor and setting-related features. The zoning designation is Assessor.
The property is located in Altadena, CA 91001, within walking distance of elementary and middle schools, restaurants, shopping centers, and public transportation. Landscaped grounds, a paved shared driveway, and subtle mountain views add usable outdoor and setting-related features. The zoning designation is Assessor.
Key Highlights
- Two residences totaling 2,254 square feet on an approximately 7,663‑square‑foot lot
- Front home includes 3 bedrooms, 1 bathroom, original hardwood floors, and 2 fireplaces
- Detached back house offers 1 bedroom, 1 bathroom, and its own kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,363
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$787,260
$787.3K
Cap Rate 7%
$562,329
$562.3K
Cap Rate 9%
$437,367
$437.4K
Market Conditions
NOI Build-Up for 2,254 SF
Gross rent
$60.9K $27.00/SF
− Vacancy
−$4.6K −$2.05/SF
EGI
$56.2K $24.95/SF
− OpEx
−$16.9K −$7.48/SF
NOI
$39.4K $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%
$787,260
Cap Rate 7%
$562,329
Cap Rate 9%
$437,367
Alternative Uses
Best Use
Multifamily LT 5
$562.3K
$492.0K – $656.1K
NOI $39,363 @ 7.0% cap · market cap 3.35%
Second Best
Apartment 5plus
$518.1K
$453.4K – $604.5K
NOI $36,269 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,475 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
824
Businesses Nearby
Explore this area
Business Placement
Demographics for 91001, CA
36,578
Population
13,335
Households
2.7
Avg Household Size
45
Median Age
52%
College-Educated
93%
High-School Grad
8.3 sq mi
ZIP Area
4,407
Density / Sq Mi
$133,840
Median Household Income
$64,449
Median Earnings
$2,298
Median Rent
$1,085,000
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 - Two residences share a paved driveway and offer separate living arrangements with kitchens, laundry access, storage, and landscaped outdoor areas.
Where is this duplex located?
The property is located at 795 Morada Place Altadena, CA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Two residences totaling 2,254 square feet on an approximately 7,663‑square‑foot lot; Front home includes 3 bedrooms, 1 bathroom, original hardwood floors, and 2 fireplaces; Detached back house offers 1 bedroom, 1 bathroom, and its own kitchen
