Deal numbers
- Est. cap rate
- 4.6%
- Assumed rent, all units
- $7,960/mo
- Units
- 4
- Price per unit
- $262,250
- 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
- $62,811
- Annual cash flow
- -$17,439
- Cash on cash return
- -6.6%
- Down payment
- $262,250
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
- 5
- Building size
- 5,426 sqft
- Lot size
- 5,627 sqft
- Year built
- 1902
- Stories
- 2
- Garage spaces
- 0
- Heating
- None
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 5
- MLS #
- 240991744
About this property
A Developers dream come true! Located in Pico Union on the corner of Bonnie Brae St and 12th Pl with the following addresses: 1230 S. Bonnie Brae , 1232 S. Bonnie Brae , 1820 W. 12th Pl and 1822 W. 12th Pl. The front Building is pending approval from the city for plans to build a Tri-plex (Two 3BR/2BA units and one 2BR/1BA unit). The under-construction rear duplex ADU is almost ready for your tenant, expected completion July, 2026. This is a two-story ADU- bottom floor will offer 2BR, 1BA, kitchen, living & dining room plus laundry. The 2nd story unit will offer 3BR, 2BA Living & dining rooms, kitchen & laundry. Both units offer inside parking.
Location
1230 S Bonnie Brae
Los Angeles, Los Angeles, CA, 90006