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$1,500,000
3408 N Figueroa Street
Glassell Park, Los Angeles, 90065
Quadruplex · 4 units
Active · 204 days on market
Deal numbers
- Est. cap rate
- 3.6%
- Assumed rent, all units
- $8,880/mo
- Units
- 4
- Price per unit
- $375,000
- Est. annual NOI
- $53,280
- 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.
5.0%
50%
25%
7.00%
- Effective gross income
- $101,232
- Operating expenses
- $50,616
- Net operating income
- $50,616
- Annual debt service
- $89,816
- Annual cash flow
- -$39,200
- Cash on cash return
- -10.5%
- Down payment
- $375,000
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
- 3,494 sqft
- Lot size
- 4,926 sqft
- Year built
- 1896
- Stories
- 2
- Garage spaces
- 0
- Heating
- Wall Furnace
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 204
- MLS #
- 239519312
About this property
Rare opportunity to own this 4 unit apartment building in Glassel Park. All units will be delivered vacant at close of escrow. Potential to add value with the adjacent land parcel number 5446-020-018 included in the sale.
Location
3408 N Figueroa Street
Glassell Park, Los Angeles, CA, 90065