Est. cap rate

1.9%

Assumed rent, all units

$7,960/mo

Units

4

Price per unit

$624,998

Est. annual NOI

$47,760

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

5,475 sqft

Lot size

5,903 sqft

Year built

2021

Stories

3

Garage spaces

8

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

81

MLS #

238479576

About this property

Big Big Sale!! Offering a total of 12 bedrooms, 14 bathrooms, and 5,475 square feet of luxurious living space. Presenting a prime investment opportunity in the heart of Koreatown, Los Angeles. Upscale urban living with 3 bedroom homes with 3 full bath & powder room, designer laminate flooring in a bright, spacious & open floor plan. Be impressed with the chic white tile backsplash in the kitchen with ample cabinets, stainless steel sinks, stone countertops, premium appliances, high ceiling & private backyard patio. 2-car tandem garage with optimal storage space. Separate meters for gas, water, trash & electric to all the units with little to no maintenance for the owner. Located near Larchmont Village, Paramount Studios, Wilshire Country Club, parks and public transit. A Walker's Paradise with a Walk Score of 91! A must see opportunity.

Location

1143 Irolo

Los Angeles, Los Angeles, CA, 90006