Deal numbers
- Est. cap rate
- 4.5%
- Assumed rent, all units
- $9,000/mo
- Units
- 4
- Price per unit
- $300,000
- Est. annual NOI
- $54,000
- 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
- $102,600
- Operating expenses
- $51,300
- Net operating income
- $51,300
- Annual debt service
- $71,853
- Annual cash flow
- -$20,553
- Cash on cash return
- -6.9%
- Down payment
- $300,000
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
- Quadruplex
- Bedrooms
- 8
- Bathrooms
- 4
- Building size
- 3,321 sqft
- Lot size
- 5,914 sqft
- Year built
- 1922
- Stories
- 2
- Garage spaces
- 0
- Cooling
- None
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 38
- MLS #
- 244713609
About this property
Rare Los Angeles Fourplex — One Unit Delivered Vacant! Rare opportunity to own a well-maintained four-unit income property in Los Angeles with income today and flexibility from day one. Three units are currently tenant occupied and producing rent, while a spacious 2-bedroom, 2-bath unit is vacant — giving the new owner options no fully-occupied fourplex can offer. Lease it at current market rent, move in, or upgrade and maximize income — the choice is yours. And because this is a 2–4 unit property, owner-occupant buyers may qualify for low-down-payment financing not available on larger investment buildings (buyer to verify with lender). Live in one, and let three rental units help carry the payment. The property also features ample on-site parking, including a large parking pad plus a separate fully paved bonus parking lot — a rare and valuable feature for Los Angeles multifamily, and a real advantage when leasing. Set on a generous 5,914 sq ft lot with convenient access to shopping, dining, public transportation, major freeways, and employment centers throughout Los Angeles. 4 units · 8 bedrooms · 4 baths · 3,321 sq ft · 5,914 sq ft lot · Built 1922 · Offered at $1,200,000 Three units leased. One unit vacant. One rare chance. Showings available now — call today.
Location
1063 E 49th Place
Los Angeles, Los Angeles, CA, 90011