← Back to listings
$1,299,000
229 W 70th
Los Angeles, Los Angeles, 90003
Triplex · 3 units
Active · 138 days on market
Deal numbers
- Est. cap rate
- 2.4%
- Assumed rent, all units
- $5,160/mo
- Units
- 3
- Price per unit
- $433,000
- Est. annual NOI
- $30,960
- 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
- $58,824
- Operating expenses
- $29,412
- Net operating income
- $29,412
- Annual debt service
- $77,781
- Annual cash flow
- -$48,369
- Cash on cash return
- -14.9%
- Down payment
- $324,750
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
- Triplex
- Bedrooms
- 3
- Building size
- 2,655 sqft
- Lot size
- 5,158 sqft
- Year built
- 1962
- Stories
- 2
- Garage spaces
- 0
- Cooling
- See Remarks
- Pool
- None
- View
- City Lights
- Status
- Active
- Days on market
- 138
- MLS #
- 240866244
About this property
Income producing property completely remodeled turnkey with each unit having washer and dryer connections..
Location
229 W 70th
Los Angeles, Los Angeles, CA, 90003