Est. cap rate

4.9%

Assumed rent, all units

$6,880/mo

Units

4

Price per unit

$212,500

Est. annual NOI

$41,280

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

3,204 sqft

Lot size

5,386 sqft

Year built

1964

Stories

2

Garage spaces

0

Cooling

None

Pool

None

Status

Active

Days on market

209

MLS #

238801912

About this property

MAJOR PRICE IMPROVEMENT NOW OFFERED AT $849,999 Excellent investment opportunity in South Los Angeles! Rarely available quadruplex at 126 E 89th Street featuring four separate units – each with 2 bedrooms and 1 bathroom. Well-configured floorplans provide comfortable living space in each unit, with individual laundry hookups included. Plenty of on-site parking and strong long-term upside. Conveniently located near LAX, major freeways, and local amenities, this versatile property is ideal for owner-occupiers or investors looking to add quality rental units to their portfolio. Don’t miss this value-add opportunity in a desirable rental market! THREE UNITS CURRENTLY RENTED AND ONE UNIT VACANT !!!!!! OFFERING IMMEDIATE INCOME POTENTIAL

Location

126 E 89th

Los Angeles, Los Angeles, CA, 90003