Deal numbers
- Est. cap rate
- 3.7%
- Assumed rent, all units
- $5,340/mo
- Units
- 3
- Price per unit
- $289,667
- Est. annual NOI
- $32,040
- 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
- $60,876
- Operating expenses
- $30,438
- Net operating income
- $30,438
- Annual debt service
- $52,033
- Annual cash flow
- -$21,595
- Cash on cash return
- -9.9%
- Down payment
- $217,250
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
- 3
- Building size
- 2,053 sqft
- Lot size
- 5,678 sqft
- Year built
- 1944
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 244104363
About this property
Excellent income-producing triplex opportunity in Los Angeles featuring three separate dwelling units and additional bonus space. The property consists of two 2-bedroom, 1-bath units and one permitted 1-bedroom, 1-bath unit, offering strong rental income and upside potential. All tenants are currently on month-to-month leases, providing flexibility for both investors and owner-occupants. The property features separately metered gas and electric service, three parking spaces, and a bonus guest area with kitchenette, refrigerator, electric cooktop, and wall air conditioning that may provide additional flexible use opportunities. Current rents are below market, presenting an excellent opportunity for increased cash flow. Estimated market rents indicate significant upside potential. Property is being sold subject to seller approval of offer terms. Drive-by only. Interior inspection available upon accepted offer. Please do not disturb tenants. Conveniently located near schools, shopping, transportation, and major freeways. Excellent opportunity for investors seeking value-add potential or owner-occupants looking to offset their mortgage with rental income. Offered at $869,000.
Location
1414 E 110th
Los Angeles, Los Angeles, CA, 90059