
Deal numbers
- Est. cap rate
- 4.0%
- Assumed rent, all units
- $9,680/mo
- Units
- 4
- Price per unit
- $362,500
- Est. annual NOI
- $58,080
- 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
- $110,352
- Operating expenses
- $55,176
- Net operating income
- $55,176
- Annual debt service
- $86,822
- Annual cash flow
- -$31,646
- Cash on cash return
- -8.7%
- Down payment
- $362,500
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
- 4,084 sqft
- Lot size
- 107,943 sqft
- Year built
- 1964
- Stories
- 2
- Garage spaces
- 0
- Pool
- Community
- Status
- Active
- Days on market
- 112
- MLS #
- 242013990
About this property
Perfect opportunity for both Buy-and-hold investors or live in one rent the other units. This multi-family residential income property located in the Mission Hills neighborhood of the San Fernando Valley in Los Angeles. The asset consists of a 4-unit apartment building configured within a condominium-style development, offering a unique blend of private ownership and shared community amenities. Located within a large 2.48 acre condominium complex. Each building is detached with no common walls, enhancing privacy. Private fenced patios for ground-floor units, Covered carport parking (4 spaces). Landscaped greenbelt areas and maintained grounds. Situated on Sepulveda Blvd, a major arterial corridor. Close proximity to:I-405, I-5, and SR-118 freeways. Retail, grocery stores, and local services and Public transportation routes nearby.
Location
10011 Sepulveda
Mission Hills (San Fernando), Los Angeles, CA, 91345