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$1,375,000
1137 N Ardmore
Hollywood Hills East, Los Angeles, 90029
Quadruplex · 4 units
Active · 124 days on market
Deal numbers
- Est. cap rate
- 4.0%
- Assumed rent, all units
- $9,160/mo
- Units
- 4
- Price per unit
- $343,750
- Est. annual NOI
- $54,960
- 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.
5.0%
50%
25%
7.00%
- Effective gross income
- $104,424
- Operating expenses
- $52,212
- Net operating income
- $52,212
- Annual debt service
- $82,331
- Annual cash flow
- -$30,119
- Cash on cash return
- -8.8%
- Down payment
- $343,750
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
- Quadruplex
- Bedrooms
- 4
- Building size
- 3,199 sqft
- Lot size
- 8,002 sqft
- Year built
- 1907
- Stories
- 2
- Garage spaces
- 2
- Style
- Custom Built
- Pool
- None
- Status
- Active
- Days on market
- 124
- MLS #
- 243574765
About this property
4-plex building, including a single family in front. Below market rents. Possible redevelopment.
Location
1137 N Ardmore
Hollywood Hills East, Los Angeles, CA, 90029