
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.
- 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