Deal numbers
- Est. cap rate
- 4.3%
- Assumed rent, all units
- $7,000/mo
- Units
- 4
- Price per unit
- $242,472
- Est. annual NOI
- $42,000
- 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
- $79,800
- Operating expenses
- $39,900
- Net operating income
- $39,900
- Annual debt service
- $58,074
- Annual cash flow
- -$18,174
- Cash on cash return
- -7.5%
- Down payment
- $242,472
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
- 6
- Building size
- 4,104 sqft
- Lot size
- 8,998 sqft
- Year built
- 1911
- Stories
- 2
- Garage spaces
- 4
- Heating
- Zoned
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 118
- MLS #
- 244144504
About this property
Fantastic investment opportunity featuring two detached single-family homes with a total of four units on a spacious lot in the desirable Boyle Heights area. This well-located income-producing property offers a unique setup with detached structures, providing added privacy and appeal for tenants. This property offers steady income potential and long-term appreciation in one of Los Angeles' most established rental markets. A rare opportunity to own a versatile multi-unit property in a prime Los Angeles location!
Location
3454 Sabina St
Los Angeles, Los Angeles, CA, 90023