Deal numbers
- Est. cap rate
- 1.7%
- Assumed rent, all units
- $5,490/mo
- Units
- 3
- Price per unit
- $633,267
- 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.
- Effective gross income
- $62,586
- Operating expenses
- $31,293
- Net operating income
- $31,293
- Annual debt service
- $113,755
- Annual cash flow
- -$82,462
- Cash on cash return
- -17.4%
- Down payment
- $474,950
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
- 4,068 sqft
- Lot size
- 5,720 sqft
- Year built
- 2023
- Stories
- 2
- Garage spaces
- 2
- Style
- Modern
- Heating
- Central,ENERGY STAR Qualified Equipment
- Cooling
- Central Air,ENERGY STAR Qualified Equipment
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 32
- MLS #
- 243784382
About this property
Turnkey Multi-Family Asset in the Vermont Knolls neighborhood of South Los Angeles! This 2023 newer construction Triplex consists of 2 separate buildings - a duplex (front building) and a detached third unit (2nd building) at the rear. Each unit of the duplex has 5 bedrooms and 3 bathrooms each. Rear unit is a 3 bedroom, 2 bath. Each unit has a primary suite with a full bathroom. A whopping total of 13 Bedrooms & 8 Baths = High Returns!!! Exceptional opportunity to acquire a high-performing multi-family property at 842-844 W. 78th Street. This sprawling 4,068 sqft triplex structure offers pristine, low-maintenance finishes perfect for modern tenant placement. Property highlights include a massive bedroom count, inside laundry facilities, attached 2 separate one car garages to the main floor of the rear unit as well as convenient alley access. Spacious lot at approximately 5,720 sqft lot. Live in one of the units and rent out the others! Investors will love the LARD1.5 zoning and the massive benefit of no rent control restrictions. Strategically situated for commuters near key transit corridors and commercial centers. Bring your cash or new loan buyers to secure this rare real estate footprint today!
Location
844 W 78th Street
Los Angeles, Los Angeles, CA, 90044