Deal numbers
- Est. cap rate
- 3.3%
- Assumed rent, all units
- $9,800/mo
- Units
- 4
- Price per unit
- $449,975
- Est. annual NOI
- $58,800
- 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
- $111,720
- Operating expenses
- $55,860
- Net operating income
- $55,860
- Annual debt service
- $107,773
- Annual cash flow
- -$51,913
- Cash on cash return
- -11.5%
- Down payment
- $449,975
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
- 6,150 sqft
- Lot size
- 7,196 sqft
- Year built
- 1923
- Stories
- 2
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 3
- MLS #
- 241746153
About this property
Conveniently locaed in Mid-Wilshire, near Koreatown. Seize this rare opportunity to own a 4-unit property in the heart of Los Angeles! Perfectly positioned in a convenient location, these units are just minutes from local hotspots, dining, and public transportation, offering tenants both comfort and accessibility. With some units rented and some available to rent out, this is an ideal turnkey investment for any savvy buyer. Secure a steady rental income property in one of LA's most sought-after areas.
Location
335 N Mariposa Avenue
Los Angeles, Los Angeles, CA, 90004