Est. cap rate

4.0%

Assumed rent, all units

$9,240/mo

Units

4

Price per unit

$350,000

Est. annual NOI

$55,440

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

Quadruplex

Bedrooms

4

Building size

2,906 sqft

Lot size

5,056 sqft

Year built

1939

Stories

2

Garage spaces

4

Heating

Baseboard

Cooling

None,See Remarks

Pool

None

Status

Active

Days on market

67

MLS #

243046363

About this property

Bring all offers! Excellent location on a quiet residential street much of the neighborhood is residential, incorporating everything from suburban single-family homes with manicured lawns to ultra-modern apartments and condos in the thick of it all. The location is just a couple of minutes west of downtown LA, Mid-Wilshire is one of the city’s most popular areas for art, food, and shopping. The wild architecture of the Petersen Museum is the most distinctive landmark, and other must-see attractions include the Los Angeles County Museum of Art, the Pavilion for Japanese Art, and the La Brea Tar Pits and Museum, which are all within one block of one another. The famous Miracle Mile shopping district anchors the community, with numerous office buildings, eclectic eateries, convenient shops, and the historic El Rey Theatre. Foodies swear by the cafes of Little Ethiopia, and the gastronomic wonderland of Koreatown is just a few blocks away.

Location

1666 La Fayette

Los Angeles, Los Angeles, CA, 90019