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Quadruplex at 9705 S Normandie
$999,999
9705 S Normandie
Los Angeles, Los Angeles, 90044
Quadruplex · 4 units
Active · 266 days on market

Deal numbers

Est. cap rate
4.4%
Assumed rent, all units
$7,320/mo
Units
4
Price per unit
$250,000
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.

5.0%
50%
25%
7.00%
Effective gross income
$83,448
Operating expenses
$41,724
Net operating income
$41,724
Annual debt service
$59,877
Annual cash flow
-$18,153
Cash on cash return
-7.3%
Down payment
$250,000

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
3,200 sqft
Lot size
4,095 sqft
Year built
1938
Stories
2
Garage spaces
0
Cooling
Electric
Pool
None
View
None
Status
Active
Days on market
266
MLS #
237924656

About this property

This property consists of 4 units. The entire property has been refurbished. One unit is a 4 bedroom 2 bath. It has a single 1 bath unit and 2 - 2 bedroom 1 bath units. All units have been recently upgraded through out. New Kitchens, bathrooms, split air heating & cooling systems, new flooring, new interior paint, new exterior stucco, new electrical and new plumbing. New windows, new main sewer line, power electric sliding gate and Property is very close to public transportation, and conveniently located midway between the new Sofi Stadium, Intuit Dome, The Los Angeles Coliseum, Downtown LA and the 110 fwy. Great investment opportunity!

Location

9705 S Normandie

Los Angeles, Los Angeles, CA, 90044

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

9705 S Normandie, Los Angeles CA | Multifamily for Sale