
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.
- 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