Deal numbers
- Est. cap rate
- 4.4%
- Assumed rent, all units
- $7,760/mo
- Units
- 4
- Price per unit
- $262,500
- Est. annual NOI
- $46,560
- 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
- $88,464
- Operating expenses
- $44,232
- Net operating income
- $44,232
- Annual debt service
- $62,871
- Annual cash flow
- -$18,639
- Cash on cash return
- -7.1%
- Down payment
- $262,500
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
- 2,824 sqft
- Lot size
- 6,502 sqft
- Year built
- 1922
- Stories
- 1
- Garage spaces
- 4
- Heating
- Electric
- Cooling
- None
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 242842048
About this property
Income Fourplex near USC with ADU & Rental Upside! Fantastic 4-unit investment in South LA's Vermont Square. Features 2,824 SF of living space on a 6,502 SF lot. Includes a detached, unassigned 4-car garage presenting an exceptional value-add opportunity for an ADU conversion. Delivered fully occupied with reliable cash flow under LA City RSO (rent control), leaving excellent long-term rental upside for the next owner. Located in a designated Opportunity Zone. Minutes from USC, Exposition Park, the Metro, and 10/110 freeways.
Location
1646 W 52nd
Los Angeles, Los Angeles, CA, 90062