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Triplex at 6371 Miramonte
$1,649,997
6371 Miramonte
Los Angeles, Los Angeles, 90001
Triplex · 3 units
Active · 176 days on market

Deal numbers

Est. cap rate
1.9%
Assumed rent, all units
$5,340/mo
Units
3
Price per unit
$549,999
Est. annual NOI
$32,040
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
$60,876
Operating expenses
$30,438
Net operating income
$30,438
Annual debt service
$98,797
Annual cash flow
-$68,359
Cash on cash return
-16.6%
Down payment
$412,499

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
Triplex
Bedrooms
3
Building size
4,722 sqft
Lot size
7,177 sqft
Year built
2012
Stories
2
Garage spaces
6
Heating
Central
Pool
None
Status
Active
Days on market
176
MLS #
239931519

About this property

NEWER CONSTRUCTION TRIPLEX | 3 FOUR-BEDROOM UNITS | PART OF 7-PROPERTY PACKAGE | INVESTOR OPPORTUNITY Looking for a multifamily investment with serious long-term potential? This newer-construction triplex at 6359 Miramonte Blvd offers the kind of rental product today’s tenants want—and the kind of asset investors can hold for years while positioning themselves for future appreciation. Built in 2012 and totaling approximately 4,722 SF, the property features three spacious 4-bedroom, 3-bathroom units. That’s a hard-to-find unit mix in Los Angeles and gives you multiple ways to attract strong rental demand, including large households, multigenerational living, and roommate-style arrangements. Each townhouse-style unit offers generous living space, a functional floor plan, in-unit laundry, ample storage, and a private garage. With a full bathroom for each bedroom, these units are designed around the way many renters actually live today. For investors, the 2015 construction is a major advantage. Newer systems and materials can mean fewer headaches and potentially lower maintenance costs than older multifamily properties, while the modern layouts help keep the property competitive in the rental market. And here’s where it gets even more interesting: this triplex is one of seven properties being offered as a package. For a cash investor looking to build a larger Los Angeles rental portfolio, the package creates an opportunity to acquire multiple income-producing properties at once and establish a meaningful foothold in the market. Located in South Los Angeles with convenient access to major commuter routes, shopping, schools, employment centers, and surrounding Los Angeles neighborhoods, this property is positioned for long-term ownership and potential appreciation. 3 Units | 3 x 4-Bedroom/3-Bathroom | Approx. 4,722SF | Built 2012 | Townhouse-Style Units | In-Unit Laundry | Private Garages | Newer Construction | Strong Rental Appeal | One of 7 Properties in Package Cash investors: this is an opportunity to think bigger than the next rent check. Acquire a newer multifamily asset, provide tenants with a product they actually want, and position yourself for the long game in Los Angeles. Purchase this property individually or explore the full 7-property package and build your portfolio in one move.

Location

6371 Miramonte

Los Angeles, Los Angeles, CA, 90001

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

6371 Miramonte, Los Angeles CA | Multifamily for Sale