
Deal numbers
- Est. cap rate
- 3.3%
- Assumed rent, all units
- $6,420/mo
- Units
- 3
- Price per unit
- $391,667
- Est. annual NOI
- $38,520
- 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
- $73,188
- Operating expenses
- $36,594
- Net operating income
- $36,594
- Annual debt service
- $70,356
- Annual cash flow
- -$33,762
- Cash on cash return
- -11.5%
- Down payment
- $293,750
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
- 6
- Bathrooms
- 3
- Building size
- 2,739 sqft
- Lot size
- 6,300 sqft
- Year built
- 1929
- Stories
- 2
- Garage spaces
- 2
- Cooling
- None
- Pool
- None
- View
- City Lights
- Status
- Active
- Days on market
- 1
- MLS #
- 244644270
About this property
Incredible House-Hacking Opportunity in Trendy Lincoln Heights! Perfect for Extended Families or Savvy Buyers Looking to Live almost for Free! Welcome to 3319 Darwin Ave, an exceptional multi-structure residential property that perfectly combines classic California charm with modern income-generating power. Situated on a generous 6,300 sq. ft. lot in one of L.A.’s most vibrant neighborhoods, this property delivers ultimate versatility. The Front Residence features a character-filled 3-bedroom, 1-bathroom home filled with classic details—ideal for an owner's main unit or a high-paying long-term rental. Step into the rear of the property to find a huge bonus: a modern, structurally independent second building with an effective build date of 2008. This building houses two additional turnkey units (3 bedrooms and 2 bathrooms total), offering an incredible setup as an upscale Guest Apartment & an A.D.U. Lower maintenance, independent utility potential & modern layouts make these units highly attractive. Why you will love living here: * Live & Earn: Live in the front house & let the rear units cover a massive portion of your mortgage. * Unbeatable Location: Boasting a stellar 97/100 Walk Score, you are just steps away from local artisan coffee shops, parks & North Broadway culture. * Commuter's Dream: Minutes from Downtown L.A., U.S.C. Medical Center & instant freeway access. Whether you are looking for a multi-generational family compound or a smart residential purchase where your tenants build your equity, this property is a must-see.
Location
3319 Darwin
Los Angeles, Los Angeles, CA, 90031