Est. cap rate

2.6%

Assumed rent, all units

$6,930/mo

Units

3

Price per unit

$531,667

Est. annual NOI

$41,580

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

3,800 sqft

Lot size

5,608 sqft

Year built

1938

Stories

2

Garage spaces

0

Style

Spanish

Heating

Central

Cooling

Central Air

Pool

None

View

Neighborhood

Status

Active

Days on market

142

MLS #

241567755

About this property

House-hack this Mid-City Spanish triplex: live in one, rent two Seller financing may be available, subject to seller approval, buyer qualification, and mutually acceptable terms. Cash and conventional financing are also welcome. Three legal units on a quiet corner near Miracle Mile, including a 2023 ADU, with recently remodeled kitchens, bathrooms, and finishes throughout. The two larger units offer the privacy of individual homes, each with yard access on three sides. The approximately 1,800-square-foot main unit features three bedrooms and two bathrooms. The two tenant-occupied units currently produce approximately 13,000 per month. Buyer to independently verify rents, expenses, permits, square footage, and unit information. Conveniently located near Beverly Hills, Culver City, Downtown Los Angeles, and West Hollywood.

Location

5351 Packard Street

Los Angeles, Los Angeles, CA, 90019