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Triplex at 1249 W 90th Place
$925,000
1249 W 90th Place
Los Angeles, Los Angeles, 90044
Triplex · 3 units
Active · 78 days on market

Deal numbers

Est. cap rate
3.6%
Assumed rent, all units
$5,490/mo
Units
3
Price per unit
$308,333
Est. annual NOI
$32,940
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
$62,586
Operating expenses
$31,293
Net operating income
$31,293
Annual debt service
$55,386
Annual cash flow
-$24,093
Cash on cash return
-10.4%
Down payment
$231,250

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
4
Bathrooms
3
Building size
1,677 sqft
Lot size
6,082 sqft
Year built
1941
Stories
1
Garage spaces
2
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
Pool
None
View
Neighborhood
Status
Active
Days on market
78
MLS #
243584698

About this property

Reduced Price! Located in the neighborhood of Westmont, is this triplex with multiple rental opportunities.. If you are looking for an investment property in an area with a heavy rental market, or perhaps you want to live in one and rent the others, look no further than 1249 W 90th Place. With ample space for parking and a detached two car garage, this property is ideal to host multiple families. This 3 unit property consists of one 2 bedroom 1 bath, and 2 units of 1 bedroom 1 bathroom each in a lot size of over 6000 square feet.

Location

1249 W 90th Place

Los Angeles, Los Angeles, CA, 90044

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1249 W 90th Pl, Los Angeles CA | Multifamily for Sale