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Quadruplex at 16619 S Denver Avenue S
$1,199,000
16619 S Denver Avenue S
Gardena, Los Angeles, 90248
Quadruplex · 4 units
Active · 1463 days on market

Deal numbers

Est. cap rate
4.0%
Assumed rent, all units
$7,960/mo
Units
4
Price per unit
$299,750
Est. annual NOI
$47,760
Expense assumption
50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

5.0%
50%
25%
7.00%
Effective gross income
$90,744
Operating expenses
$45,372
Net operating income
$45,372
Annual debt service
$71,793
Annual cash flow
-$26,421
Cash on cash return
-8.8%
Down payment
$299,750

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type
Quadruplex
Bedrooms
4
Building size
3,048 sqft
Lot size
5,046 sqft
Year built
1965
Garage spaces
4
Pool
None
Status
Active
Days on market
1463
MLS #
171271795

About this property

NEW INCREASED RENTS ...4 Units (1) Townhouse Style Unit with 2 bedrooms, 1 1/2 Baths and Private Back Yard! Perfect for Owner Occupied. (3) 1 bedroom 1 Bath Units... 4 Enclosed Attached Garages With additional off street parking.

Location

16619 S Denver Avenue S

Gardena, Los Angeles, CA, 90248

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

16619 S Denver Ave S, Gardena CA | Multifamily for Sale