Est. cap rate

2.8%

Assumed rent, all units

$6,660/mo

Units

3

Price per unit

$483,333

Est. annual NOI

$39,960

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

2,318 sqft

Lot size

9,003 sqft

Year built

1924

Stories

1

Garage spaces

0

Heating

Wall Furnace,Space Heater

Cooling

Wall/Window Unit(s)

Pool

None

View

Hills

Status

Active

Days on market

20

MLS #

242328862

About this property

Welcome to 3422 Holyoke Dr, a tremendous 3 unit property conveniently located nearby Glassell Community park and the freeway. The property consists of an updated front duplex with a new roof (2022), featuring a 2 bedroom 1 bath unit in the front with a private patio, and a 1 bedroom 1 bath in the rear. Both units have been upgraded with newer mini split unit air conditioners (2022), dual pane windows, stainless steel appliances, quartz counter tops and LVP flooring (2019). The top unit is a 2-3 Bedroom 2 bath home with a front porch, hardwood floors, and lots of potential! The HUGE 9003 sqft lot features an expansive 4 car driveway as well potential to build a 4th unit adu in the back!

Location

3422 Holyoke

Los Angeles, Los Angeles, CA, 90065