Deal numbers
- Est. cap rate
- 3.5%
- Assumed rent, all units
- $7,960/mo
- Units
- 4
- Price per unit
- $342,222
- 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.
- Effective gross income
- $90,744
- Operating expenses
- $45,372
- Net operating income
- $45,372
- Annual debt service
- $81,965
- Annual cash flow
- -$36,593
- Cash on cash return
- -10.7%
- Down payment
- $342,222
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
- 2,623 sqft
- Lot size
- 5,947 sqft
- Year built
- 1906
- Stories
- 1
- Garage spaces
- 0
- Heating
- Electric
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- Status
- Active
- Days on market
- 138
- MLS #
- 239052258
About this property
Great income generating units! 2 larger units vacant, live in one rent the rest. Total of 4 units, 3 units have 2 bedrooms and 1 unit has 1 bedroom. Great Location! less than 2 miles from the university of southern California USC. In Pico union/ Korea Town. Few minutes from downtown Los Angeles, LA Live, Crypto Arena, USC Coliseum and Bank of California Stadium. Units have been completely remodeled with brand new flooring, New kitchen and quartz countertops.
Location
1334 S Berendo Street
Los Angeles, Los Angeles, CA, 90006