Deal numbers
- Est. cap rate
- 2.6%
- Assumed rent, all units
- $10,470/mo
- Units
- 3
- Price per unit
- $816,667
- Est. annual NOI
- $62,820
- 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
- $119,358
- Operating expenses
- $59,679
- Net operating income
- $59,679
- Annual debt service
- $146,699
- Annual cash flow
- -$87,020
- Cash on cash return
- -14.2%
- Down payment
- $612,500
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
- Triplex
- Bedrooms
- 3
- Building size
- 2,409 sqft
- Lot size
- 5,507 sqft
- Year built
- 1954
- Stories
- 1
- Garage spaces
- 3
- Pool
- None
- Status
- Active
- Days on market
- 122
- MLS #
- 243311876
About this property
Excellent Owner-User, Income or Development Opportunity! This triplex features over 2400 square feet of living space on a 5500+ square foot lot. Each of these three bungalow-style units have two bedrooms and one bathroom and are about 800 square feet. These units feature laundry hook-ups, gas appliances, newer copper pipes, three total garage spaces, and private patios/yards. This triplex can also be purchased together with 1417 Manhattan Beach Blvd
Location
1411 Manhattan Beach
Manhattan Beach, Los Angeles, CA, 90266