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Triplex at 829 E Century
$599,900
829 E Century
Los Angeles, Los Angeles, 90002
Triplex · 3 units
Active · 292 days on market

Deal numbers

Est. cap rate
5.3%
Assumed rent, all units
$5,340/mo
Units
3
Price per unit
$199,967
Est. annual NOI
$32,040
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
$60,876
Operating expenses
$30,438
Net operating income
$30,438
Annual debt service
$35,920
Annual cash flow
-$5,482
Cash on cash return
-3.7%
Down payment
$149,975

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
Triplex
Bedrooms
3
Building size
2,355 sqft
Lot size
4,201 sqft
Year built
1948
Stories
1
Garage spaces
3
Heating
Central
Cooling
Gas
Pool
None
View
None
Status
Active
Days on market
292
MLS #
236365995

About this property

ONE OF THE LOWEST PRICED 3 UNITS INCOME PROPERTY CONSISTING OF 1 BEDROOM, 1 BATHROOM, AND 1 CAR GARAGE EACH UNIT, FOR ONLY $ 599,900. LIVING AREA IS A COMBINED 1320 SQUARE FEET ON A DECENT SIZED LOT OF 4201 SQUARE FEET. PROPERTY HAS BEEN WELL TAKEN CARE OF AND UPGRADED PERIODICALLY. NEW ROOF WAS INSTALLED IN 2017, NEW WINDOWS WERE INSTALLED IN 2015, NEW STUCCO WAS COMPLETED IN 2017, AND FRONT DOOR AND SCREEN DOOR WERE INSTALLED IN 2018. ALL THREE UNITS UPGRADED AND WELL-KEPT FOR ONLY $ 599.900! WILL NOT LAST AT THIS AMAZING PRICE, JUMP ON IT BEFORE IT IS GONE!

Location

829 E Century

Los Angeles, Los Angeles, CA, 90002

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

829 E Century, Los Angeles CA | Multifamily for Sale