
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.
- 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