Deal numbers
- Est. cap rate
- 3.1%
- Assumed rent, all units
- $9,450/mo
- Units
- 3
- Price per unit
- $600,000
- Est. annual NOI
- $56,700
- 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
- $107,730
- Operating expenses
- $53,865
- Net operating income
- $53,865
- Annual debt service
- $107,779
- Annual cash flow
- -$53,914
- Cash on cash return
- -12.0%
- Down payment
- $450,000
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
- 1,696 sqft
- Lot size
- 6,676 sqft
- Year built
- 1924
- Stories
- 1
- Garage spaces
- 3
- Pool
- None
- Status
- Active
- Days on market
- 7
- MLS #
- 244439165
About this property
Prime Culver City Triplex – Fully Rented Investment Opportunity! Exceptional opportunity to own a fully occupied triplex in one of Culver City's most desirable neighborhoods. This charming Spanish-style income property offers immediate rental income with tenants already in place, making it an ideal addition to any investment portfolio. Situated on a generous lot, the property features three residential units, off-street parking, a long driveway, and attractive curb appeal with classic architectural details. The location offers outstanding convenience to Downtown Culver City, major studios, restaurants, shopping, parks, and easy access to the Westside and Downtown Los Angeles. Surrounded by a mix of character homes and newer luxury development, this property presents an excellent opportunity to own an income-producing asset in a highly sought-after rental market. Property Highlights: Fully rented triplex Immediate cash flow Prime Culver City location Spanish-style architecture Long driveway with off-street parking Strong rental demand area Convenient access to Downtown Culver City, major employers, shopping, dining, and transportation A rare opportunity to invest in one of Los Angeles' most desirable neighborhoods.
Location
8947 Hubbard
Culver City, Los Angeles, CA, 90232