Est. cap rate

2.8%

Assumed rent, all units

$5,400/mo

Units

3

Price per unit

$383,333

Est. annual NOI

$32,400

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.

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

2,854 sqft

Lot size

5,501 sqft

Year built

1958

Stories

2

Garage spaces

6

Pool

None

Status

Active

Days on market

133

MLS #

241101446

About this property

PRICE REDUCTION!! 50K !! Great investment opportunity for sale in Los Angeles! Triplex with 2,854 sqft. The front unit has three bedrooms, a living room, dinning room, and kitchen complete remodeled. The second unit has two bedrooms and a full bathroom upstairs, this is the only occupied unit. On the main floor, there is a living room, a dining room, a full kitchen, and a powder room. The third unit has two bedrooms, a full bathroom, a dining and living room, and a full kitchen. The front unit( 3bedrooms & 2 bathrooms) and the back unit( 2bedrooms & 1 1/2 bathrooms) is vacant. The units complete remodeled. The complex has five uncovered parking spaces in the rear and one additional attached parking space. Each unit has a separate electrical meter, gas connection and tankless water heaters. This property was originally a single family residence, the owner converted it with permits into a triplex in 2007.

Location

1257 W Vernon

Los Angeles, Los Angeles, CA, 90037