Deal numbers
- Est. cap rate
- 3.3%
- Assumed rent, all units
- $6,930/mo
- Units
- 3
- Price per unit
- $416,667
- Est. annual NOI
- $41,580
- 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
- $79,002
- Operating expenses
- $39,501
- Net operating income
- $39,501
- Annual debt service
- $74,847
- Annual cash flow
- -$35,346
- Cash on cash return
- -11.3%
- Down payment
- $312,500
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
- 2,574 sqft
- Lot size
- 4,080 sqft
- Year built
- 1924
- Stories
- 2
- Garage spaces
- 0
- Heating
- Floor Furnace
- Pool
- None
- Status
- Active
- Days on market
- 63
- MLS #
- 243441262
About this property
Welcome to your new Silver Lake compound! Located just moments from the best coffee shops and dining on Sunset Blvd, this massive property is the ultimate "house hack." The property offers three unique units that are all individually metered, with tons of value-add potential. Boasting a grand total of 8 bedrooms and 6 bathrooms, the units are spacious and bright. Ideal for the savvy investor who understands the value of holding land in Silver Lake while collecting steady rents. Current Cap: 8.5% 11.5 GRM. The site offers significant upside potential for future renovation upon vacancy. Don't miss out on this rare opportunity to invest in a premier location.
Location
1458 Silver Lake Boulevard
Los Angeles, Los Angeles, CA, 90026