Est. cap rate

6.2%

Assumed rent, all units

$9,240/mo

Units

4

Price per unit

$223,750

Est. annual NOI

$55,440

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

3,803 sqft

Lot size

5,798 sqft

Year built

1925

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

107

MLS #

238553921

About this property

356 Laveta Ter, Los Angeles CA 90026 presents a rare multifamily opportunity in one of LA’s most in demand and supply constrained rental pockets. This four unit property features four spacious 2 bedroom, 1 bath units with generous layouts that appeal strongly to long term renters. The property is currently occupied by long term tenants. There is significant upside potential through future rent increases and value add strategies, making this an ideal asset for an investor seeking both income and appreciation. Located in the Echo Park area, the property benefits from close proximity to Downtown Los Angeles, Silver Lake, major employment hubs, dining, nightlife, and cultural attractions. The neighborhood continues to experience strong rental demand driven by its central location and vibrant community feel. Street parking only. This is a solid, well located multifamily investment with long term tenants, strong fundamentals, and substantial upside in a premier Los Angeles submarket.

Location

356 Laveta

Los Angeles, Los Angeles, CA, 90026