Est. cap rate

3.4%

Assumed rent, all units

$7,000/mo

Units

4

Price per unit

$307,475

Est. annual NOI

$42,000

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

3,536 sqft

Lot size

5,971 sqft

Year built

1973

Stories

2

Garage spaces

0

Heating

Wall Furnace

Cooling

None

Pool

None

Status

Active

Days on market

243

MLS #

237923903

About this property

Investors’ Delight, Rare 4-Unit Opportunity in Los Angeles! Excellent income-producing property featuring four units with a versatile mix of layouts: (3) 2-bedroom units and (1) 1-bedroom unit. The units include: 2BD/2BA, 2BD/1.5BA, 2BD/1BA, and 1BD/2BA, each with inside laundry. Recent upgrades include fresh paint, new upgraded electrical panels on all four units, and new insulation throughout the ceiling areas, offering added value and efficiency. Enjoy convenient parking with 4 covered carports, a large driveway, and ample street parking. The property offers plenty of space and future upside, including potential for converting the carports into an additional ADU (buyer to verify with the City) making this an outstanding opportunity to expand rental income. Perfect for investors or first-time buyers looking to live in one unit and rent the others for strong income potential. Conveniently located near shopping, parks, schools, and Metro System to Downtown LA. Don’t miss this incredible opportunity to own a multi-unit property in the City of Los Angeles!

Location

947 S Sunol Drive

Los Angeles, Los Angeles, CA, 90023