Est. cap rate

2.7%

Assumed rent, all units

$7,290/mo

Units

3

Price per unit

$550,000

Est. annual NOI

$43,740

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

3,342 sqft

Lot size

11,697 sqft

Year built

1952

Stories

1

Garage spaces

6

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

115

MLS #

242569801

About this property

This lovely triplex is ideally located near public transportation, shopping, and dining, all just blocks away. Each of the three units features its own private two-car garage, along with additional on-site parking. Recent updates throughout the property make this an exceptional investment or owner-user opportunity. Priced within FHA loan limits, this property offers an attractive and affordable financing option.

Location

223 Montana

Monrovia, Los Angeles, CA, 91016