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Triplex at 7010 Lennox Avenue
$2,175,000
7010 Lennox Avenue
Van Nuys, Los Angeles, 91405
Triplex · 3 units
Active · 91 days on market

Deal numbers

Est. cap rate
1.9%
Assumed rent, all units
$6,990/mo
Units
3
Price per unit
$725,000
Est. annual NOI
$41,940
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.

5.0%
50%
25%
7.00%
Effective gross income
$79,686
Operating expenses
$39,843
Net operating income
$39,843
Annual debt service
$130,233
Annual cash flow
-$90,390
Cash on cash return
-16.6%
Down payment
$543,750

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
4,080 sqft
Lot size
7,231 sqft
Year built
1988
Stories
2
Garage spaces
0
Heating
Central
Cooling
Central Air
Pool
None
View
Neighborhood
Status
Active
Days on market
91
MLS #
244312305

About this property

Discover modern living in this beautifully renovated 3 Units Building. One Unit has 3-bedrooms, 2.5-bathrooms and Two units have 4bedrooms 2 baths, built in 1988 ideally situated behind a gate. Esch unit spanning 1,360 sq ft, these spacious units features brand-new appliances, stylish new flooring, and energy-efficient windows throughout. All bathrooms have been tastefully remodeled with contemporary finishes, while new closet doors add a touch of sophistication and functionality and brand-new central heating and air conditioning. Just minutes from shopping, dining, and everyday essentials. This move-in ready unit blends style, comfort, and location—don’t miss out! Full description coming soon.

Location

7010 Lennox Avenue

Van Nuys, Los Angeles, CA, 91405

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

7010 Lennox Ave, Van Nuys CA | Multifamily for Sale