Est. cap rate

4.1%

Assumed rent, all units

$7,200/mo

Units

4

Price per unit

$262,500

Est. annual NOI

$43,200

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

Quadruplex

Bedrooms

4

Building size

3,200 sqft

Lot size

5,250 sqft

Year built

1959

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

81

MLS #

244731125

About this property

Excellent Investment Opportunity – Fully Leased Fourplex in Los Angeles - New Exterior Paint - Roof 2 years new!!! Don't miss this exceptional opportunity to own a 100% occupied fourplex in a strong rental market. Ideally located just approximately 2 miles from USC and the Icon Plaza USC Student Apartments, this property offers excellent long-term investment potential. The property features long-term, stable tenants with consistent rental income, making it an attractive addition to any investment portfolio. Whether you're a seasoned investor or completing a 1031 exchange, this income-producing asset offers immediate cash flow and future upside. ***Please do not disturb the tenants *** Buyer to verify all information, including square footage, rents, permits, zoning, and property condition to their satisfaction.

Location

3415 Mckinley

Los Angeles, Los Angeles, CA, 90011