Est. cap rate

4.5%

Assumed rent, all units

$7,960/mo

Units

4

Price per unit

$262,500

Est. annual NOI

$47,760

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

Quadruplex

Bedrooms

4

Building size

2,147 sqft

Lot size

6,615 sqft

Year built

1900

Stories

2

Garage spaces

4

Pool

None

Status

Active

Days on market

1

MLS #

243483581

About this property

Exceptional four-unit income property located at 1757 S. New England Street, Los Angeles, CA 90006, just minutes from Downtown Los Angeles with convenient access to the 10 Freeway, Hoover Street, and Vermont Avenue corridors. The central location offers proximity to major employment hubs, public transportation, schools, shopping, and dining, supporting strong and consistent rental demand. The property consists of four 1-bedroom, 1-bath units totaling approximately 2,147 square feet of living space on a 6,615 square foot lot. Property is zoned LARD1.5. Property is configured across two detached buildings, providing functional unit layouts and added privacy. The buildings are two stories and were originally constructed in 1900, offering solid fundamentals and long-term ownership appeal. Each unit is separately metered for electricity and gas, allowing for efficient utility management. The property also features four garage parking spaces and interior laundry facilities. Utilities include public water and public sewer. One rear unit will be delivered vacant at the close of escrow, offering immediate flexibility for an owner-user or investor strategy. This property presents a strong opportunity for investors seeking stable income today with upside potential through operational improvements and rental growth.

Location

1757 S New England

Los Angeles, Los Angeles, CA, 90006