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Quadruplex at 909 W Denni Street
$1,475,000
909 W Denni Street
Los Angeles, Los Angeles, 90744
Quadruplex · 4 units
Active · 3 days on market

Deal numbers

Est. cap rate
3.2%
Assumed rent, all units
$7,760/mo
Units
4
Price per unit
$368,750
Est. annual NOI
$46,560
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
$88,464
Operating expenses
$44,232
Net operating income
$44,232
Annual debt service
$88,319
Annual cash flow
-$44,087
Cash on cash return
-12.0%
Down payment
$368,750

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
Quadruplex
Bedrooms
4
Building size
2,960 sqft
Lot size
4,426 sqft
Year built
1924
Stories
1
Garage spaces
2
Heating
Wall Furnace
Cooling
None
Pool
None
View
Neighborhood
Status
Active
Days on market
3
MLS #
244679771

About this property

Rare four unit investment opportunity situated on a prominent corner lot in Wilmington! Spanning two parcels and encompassing the addresses of 909, 911 and 913 W. Denni Street and 1106 Gulf Avenue, the property consists of two duplex buildings with approximately 2,960 square feet of combined living space. Each unit offers two spacious bedrooms, one bathroom, a welcoming front porch, private outdoor space and gated entry. Additional features include two detached one-car garages, multiple driveways and an elegant white perimeter fence that enhances both privacy and curb appeal. Set on approximately 8,851 square feet of land, this well-maintained property presents excellent potential for rental income, long-term investment or future redevelopment. Conveniently located near schools, shopping, dining, entertainment and freeway access. Both parcels, 7415-023-036 and 7415-023-037, must be purchased together. A unique opportunity to acquire four residential units in an established Wilmington location.

Location

909 W Denni Street

Los Angeles, Los Angeles, CA, 90744

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

909 W Denni St, Los Angeles CA | Multifamily for Sale