Est. cap rate

10.1%

Assumed rent, all units

$6,880/mo

Units

4

Price per unit

$102,475

Est. annual NOI

$41,280

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

2

Bathrooms

2

Building size

838 sqft

Lot size

7,504 sqft

Year built

1981

Stories

2

Garage spaces

2

Heating

Central

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

31

MLS #

243917694

About this property

Wonderful starter unit looking for some TLC. This quiet and cozy condo makes a great starter hone with just 4 units on the property. This unit is located in the back on the second floor. 2 bedrooms, 1.5 bath (one bedroom with powder room), 1 full bath, remote controlled wall unit AC, convenient in-unit laundry, and a 2 car MyQ equipped detached garage. Lovely garden area and easy maintenance common grounds. Easy access to public transportation, 110 freeway less than 2 minutes away, Gold line access and conveniently located within a ten mile radius to Downtown LA, Hollywood, Glendale and Pasadena.

Location

124 E Avenue 44

Los Angeles, Los Angeles, CA, 90031