Est. cap rate

3.9%

Assumed rent, all units

$5,460/mo

Units

3

Price per unit

$282,667

Est. annual NOI

$32,760

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

1,917 sqft

Lot size

4,221 sqft

Year built

1941

Stories

1

Garage spaces

2

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

27

MLS #

243278370

About this property

PRICE REDUCED TO $845,000! Rare East Los Angeles Triplex with Two Units Delivered Vacant at Close of Escrow! Don't miss this exceptional opportunity to own a versatile triplex in East Los Angeles that is ideal for both owner-occupants and investors. Two units—a spacious 2-bedroom, 1-bath and a 1-bedroom, 1-bath—will be delivered vacant at the close of escrow, giving you the flexibility to move in, lease at today's market rents, or create the perfect house-hacking opportunity. The third unit is tenant-occupied, providing immediate rental income from day one. This income-producing property offers the opportunity to live in one unit while renting the others, helping offset your monthly mortgage and build long-term wealth through real estate. Eligible owner-occupants may qualify for FHA financing with as little as 3.5% down, subject to lender approval, borrower qualification, and property eligibility. Perfect for first-time multifamily buyers, experienced investors, or anyone looking to expand their real estate portfolio, this property offers immediate upside with two vacant units and excellent long-term appreciation potential. Conveniently located just minutes from Downtown Los Angeles, USC Medical Center, Cal State LA, and major freeways including the 5, 10, 60, and 710, you'll enjoy easy access to employment centers, shopping, restaurants, schools, parks, and public transportation. The strong rental demand in East Los Angeles makes this an outstanding long-term investment.

Location

4478 E 4th

Los Angeles, Los Angeles, CA, 90022