Est. cap rate

2.7%

Assumed rent, all units

$13,520/mo

Units

4

Price per unit

$749,500

Est. annual NOI

$81,120

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

Quadruplex

Bedrooms

4

Building size

5,000 sqft

Lot size

6,605 sqft

Year built

2019

Stories

2

Garage spaces

4

Cooling

Central Air

Pool

None

Status

Active

Days on market

1

MLS #

241670604

About this property

A Newer contemporary 4 plex in the Westchester area, with easy commute to all major employment locations and colleges. Two of the 3-bedroom, 2-bath stacked units are in the front building, and two of the 3-bedroom, 2.5-bath townhouse-style units are in the back building. There are 4 car garages plus 4 parking spaces on the driveway. Tenants pay their own utilities through separate meters for water, electricity, and gas. All units come with an open, bright, and airy floor plan and a modern kitchen with quartz stone counters, stainless steel appliances, and custom cabinetry; all the spacious bathrooms have tiled floors. Also, all units come with an interior laundry area. The building is fully rented, and the annual rent is $ 189,000. Not many expenses for maintenance. This excellent, like-new building is in demand and very well positioned for owner-occupiers or investment. Please drive by, and the seller will arrange a showing after the offer is accepted, subject to inspection. Priced to sell!

Location

7125 S La Cienega

Los Angeles, Los Angeles, CA, 90045