
Deal numbers
- Est. cap rate
- 3.3%
- Assumed rent, all units
- $6,600/mo
- Units
- 3
- Price per unit
- $399,667
- Est. annual NOI
- $39,600
- 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
- $75,240
- Operating expenses
- $37,620
- Net operating income
- $37,620
- Annual debt service
- $71,793
- Annual cash flow
- -$34,173
- Cash on cash return
- -11.4%
- Down payment
- $299,750
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
- 5
- Bathrooms
- 4
- Building size
- 2,281 sqft
- Lot size
- 6,176 sqft
- Year built
- 1947
- Stories
- 1
- Garage spaces
- 0
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 109
- MLS #
- 243431921
About this property
Exceptional multi-unit living opportunity in the heart of Azusa featuring a beautifully upgraded property configured as a spacious main residence plus two additional units, offering excellent flexibility for multigenerational living, owner-occupants, or investment potential. The front residence has spacious 3 bedrooms and 2 bathrooms, complemented by a newly constructed second unit and detached ADU for expanded living options. The property showcases modern finishes throughout, including upgraded flooring, designer lighting, energy-efficient systems, mini-split HVAC systems, and tastefully remodeled kitchens and bathrooms. Alley access provides additional convenience and functionality. Ideal for buyers seeking strong rental income potential, flexible living arrangements, or a unique multi-unit property in a growing market. Conveniently located near schools, shopping, dining, freeways, and public transportation. Seller may offer a credit toward a permanent interest rate buy-down for qualified buyers who finance through seller’s preferred lender. Buyers are not required to use the preferred lender and may choose any lender; however, lender-specific incentives may not be available outside of the preferred lender program. Terms, conditions, and buyer qualification requirements apply. Buyer to verify all permits, square footage, unit configurations, and property details to their satisfaction. Seller is the owner of the property and holds an active California real estate license.
Location
419A419B N Vernon Avenue
Azusa, Los Angeles, CA, 91702