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Quadruplex at 473 Savannah
$1,000,000
473 Savannah
Los Angeles, Los Angeles, 90033
Quadruplex · 4 units
Active · 290 days on market

Deal numbers

Est. cap rate
4.4%
Assumed rent, all units
$7,280/mo
Units
4
Price per unit
$250,000
Est. annual NOI
$43,680
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.

5.0%
50%
25%
7.00%
Effective gross income
$82,992
Operating expenses
$41,496
Net operating income
$41,496
Annual debt service
$59,877
Annual cash flow
-$18,381
Cash on cash return
-7.4%
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
2,335 sqft
Lot size
5,842 sqft
Year built
1915
Stories
2
Garage spaces
0
Cooling
Wall/Window Unit(s)
Pool
None
View
City Lights
Status
Active
Days on market
290
MLS #
238381427

About this property

FOUR units in Boyle Heights, Excellent opportunity to own property in highly sought-after THREE separate buildings on one lot. The unit mix includes one spacious TWO-bed/one-bath Single TWO story REAR unit plus THREE - one-bed/one-bath units, Great income well-maintained and updated buildings, in the last years. TWO-car parking, access thru the alley , and separate gas and electric meters for all units. Central location neighborhood near Roosevelt High School, public transit, and local shops. Downtown LA, the Arts District. with easy access to Downtown LA, shopping, dining, and entertainment. It is only five blocks or a walking distance to the Metro Station and offers quick access to Freeways San Bernardino and Pomona.

Location

473 Savannah

Los Angeles, Los Angeles, CA, 90033

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

473 Savannah, Los Angeles CA | Multifamily for Sale