Est. cap rate

3.9%

Assumed rent, all units

$11,280/mo

Units

4

Price per unit

$437,500

Est. annual NOI

$67,680

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.

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

4,838 sqft

Lot size

5,637 sqft

Year built

1929

Stories

2

Garage spaces

4

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

350

MLS #

235096742

About this property

The 630 Naranja Dr Apartment Building is an excellent investment option in the thriving Glendale, CA real estate market. Its prime location, strong rental demand, and potential for value appreciation make it an attractive prospect for investors and owner-users alike seeking stable income and long-term growth. This 4 unit Spanish style building consists of four large 2+1 units with spacious bedrooms, very large living rooms and dining areas. All are currently occupied with very nice and on-time paying tenants. Improvements include updated electrical meters, copper plumbing, recent exterior paint and newly resurfaced back yard common area.

Location

630 Naranja Drive

Glendale, Los Angeles, CA, 91206