
Deal numbers
- Est. cap rate
- 2.6%
- Assumed rent, all units
- $8,580/mo
- Units
- 3
- Price per unit
- $665,000
- Est. annual NOI
- $51,480
- 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
- $97,812
- Operating expenses
- $48,906
- Net operating income
- $48,906
- Annual debt service
- $119,455
- Annual cash flow
- -$70,549
- Cash on cash return
- -14.1%
- Down payment
- $498,750
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
- 6
- Bathrooms
- 4
- Building size
- 9,622 sqft
- Lot size
- 24,560 sqft
- Year built
- 1947
- Stories
- 1
- Garage spaces
- 0
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 17
- MLS #
- 243340217
About this property
Rare opportunity to acquire a large parcel in the highly sought-after West Carson area. Whether purchased individually or together with the neighboring properties at 22040 and 22042 Normandie Avenue, this property presents a unique opportunity for investors, owner-users, and developers alike. Situated along the Normandie corridor near major transportation routes, shopping, employment centers, and Harbor-UCLA Medical Center, the property offers both immediate utility and long-term potential. Buyers may explore a variety of possibilities including continued rental income, owner occupancy, or future redevelopment opportunities. Properties of this size and location rarely become available, making this a compelling opportunity to secure one parcel or assemble all three for enhanced flexibility and future possibilities.
Location
22102 Normandie
Torrance, Los Angeles, CA, 90502