Deal numbers
- Est. cap rate
- 4.2%
- Assumed rent, all units
- $10,920/mo
- Units
- 4
- Price per unit
- $387,500
- Est. annual NOI
- $65,520
- 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
- $124,488
- Operating expenses
- $62,244
- Net operating income
- $62,244
- Annual debt service
- $92,810
- Annual cash flow
- -$30,566
- Cash on cash return
- -7.9%
- Down payment
- $387,500
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
- Quadruplex
- Bedrooms
- 4
- Building size
- 2,575 sqft
- Lot size
- 9,956 sqft
- Year built
- 1944
- Stories
- 1
- Garage spaces
- 0
- Style
- Traditional
- Heating
- Ductless,Wall Furnace
- Cooling
- None,Ductless
- Pool
- None
- View
- Park/Greenbelt,Neighborhood
- Status
- Active
- Days on market
- 127
- MLS #
- 243826575
About this property
Excellent investment opportunity in the heart of Long Beach, Lakewood Village! This well-maintained fourplex sits on a very generous 9,954 sq.ft. lot. Featuring three fully renovated units thoughtfully updated with modern finishes designed to attract quality tenants. Interiors showcase newer vinyl laminate flooring, contemporary fixtures, and stylish living spaces that blend comfort with functionality. Each renovated unit includes convenient inside stackable laundry, energy-efficient mini-split heating and cooling systems, and a complete appliance package featuring a gas range, microwave, and refrigerator. The established landscaping provides curb appeal and is supported with an automatic irrigation system that keeps the professionally maintained landscaping in prime condition. The property offers assigned parking for tenants. Separate meters for gas and electric. This is an ideal location with panoramic views. Ideally situated near shopping, dining, entertainment, public transportation, and educational opportunities, residents will appreciate the close proximity to Long Beach City College, Heartwell Park and Golf Course, Long Beach Airport, and more.With significant updates already completed and a desirable location in one of Long Beach's established neighborhoods, this income-producing property presents an exceptional opportunity for investors seeking strong rental appeal and long-term value.
Location
5139 E Carson Street
Long Beach, Los Angeles, CA, 90808