Est. cap rate

2.0%

Assumed rent, all units

$7,320/mo

Units

4

Price per unit

$562,500

Est. annual NOI

$43,920

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

5,187 sqft

Lot size

7,650 sqft

Year built

2023

Stories

2

Garage spaces

5

Heating

Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

177

MLS #

235415718

About this property

Newly constructed four-unit property, elegantly designed across two modern buildings completed in 2023. Each spacious unit boasts approximately 1,300 square feet of living space with 3 Bedrooms and 2+ Baths, complemented by the convenience of attached garages and dedicated interior laundry rooms. Tenants will enjoy year-round comfort with central heating and air conditioning, while the separate electric, gas, and water meters ensure ease of management for each unit. Additionally, the inclusion of owned solar systems enhances energy efficiency and sustainability. With the property being non-rent controlled and requiring low maintenance, it presents a remarkable potential for significant upside growth. Don't miss out on this delightful chance to invest in a promising asset! Unit addresses are: 630, 630 1/2, 632 and 632 1/2 West 9th St Los Angeles.

Location

630 W 79th

Los Angeles, Los Angeles, CA, 90044