Est. cap rate

4.1%

Assumed rent, all units

$5,790/mo

Units

3

Price per unit

$283,300

Est. annual NOI

$34,740

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.

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

1,751 sqft

Lot size

6,651 sqft

Year built

1938

Stories

1

Garage spaces

2

Heating

None

Cooling

None

Pool

None

View

None

Status

Active

Days on market

105

MLS #

244549616

About this property

Excellent Investment Opportunity! Fully occupied triplex offering immediate rental income in a prime Los Angeles location. This well-maintained income property features three 1-bedroom, 1-bathroom units, each with separate gas and electric meters, providing efficient utility management. The front unit has been remodeled, and the property offers long-term, stable tenants. Situated behind a gated front entry for added privacy and security, the property also includes a detached 2-car garage with outstanding ADU potential (Buyer to verify with the City of Los Angeles), creating an excellent opportunity for future value enhancement and increased rental income. Conveniently located just minutes from SoFi Stadium, Hollywood Park, Kia Forum, LAX, major shopping centers, dining, entertainment, and easy freeway access, this property is ideally positioned in one of Los Angeles' most active investment corridors. All tenants are currently on month-to-month rental agreements. Property is being sold subject to the existing tenancies. Buyer shall assume all existing tenancies at the close of escrow. Tenant security deposits and any prepaid rents, if applicable, will be transferred and credited to Buyer through escrow. SELLER IS OFFERING 1.0 BUY-DOWN- THE SELLER BROKER OFFERS 1.00% DISCOUNT ON THE CURRENT INTEREST RATE ( CONTACT THE BROKER FOR FULL INFO)

Location

1726 W 83rd

Los Angeles, Los Angeles, CA, 90047