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Quadruplex at 1037 S Bonnie Brae
$1,375,000
1037 S Bonnie Brae
Los Angeles, Los Angeles, 90006
Quadruplex · 4 units
Active · 197 days on market

Deal numbers

Est. cap rate
4.3%
Assumed rent, all units
$9,920/mo
Units
4
Price per unit
$343,750
Est. annual NOI
$59,520
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.

5.0%
50%
25%
7.00%
Effective gross income
$113,088
Operating expenses
$56,544
Net operating income
$56,544
Annual debt service
$82,331
Annual cash flow
-$25,787
Cash on cash return
-7.5%
Down payment
$343,750

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
8
Building size
3,524 sqft
Lot size
7,498 sqft
Year built
1896
Stories
2
Garage spaces
1
Style
Craftsman
Heating
Wall Furnace
Cooling
None
Pool
None
View
None
Status
Active
Days on market
197
MLS #
239195992

About this property

Property shows on tax records as Quad and is being use as a total of 8 units. 4 separate units with their own entrance and 4 bedrooms with access through the lobby on the front of the house. The four upstairs units are sharing a separate shower/tub room and completely separate toilet room. The property is in need of some TLC.

Location

1037 S Bonnie Brae

Los Angeles, Los Angeles, CA, 90006

Ask Alex about this property

Questions on the numbers, a pro forma, or a tour? Send a note.

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Alex Duarte, DRE# 01970077, First Team Real Estate

1037 S Bonnie Brae, Los Angeles CA | Multifamily for Sale