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Quadruplex at 6114 Wall
$889,000
6114 Wall
Los Angeles, Los Angeles, 90003
Quadruplex · 4 units
Active · 46 days on market

Deal numbers

Est. cap rate
4.6%
Assumed rent, all units
$6,880/mo
Units
4
Price per unit
$222,250
Est. annual NOI
$41,280
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
$78,432
Operating expenses
$39,216
Net operating income
$39,216
Annual debt service
$53,231
Annual cash flow
-$14,015
Cash on cash return
-6.3%
Down payment
$222,250

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
Bathrooms
4
Building size
2,652 sqft
Lot size
5,117 sqft
Year built
1922
Stories
1
Garage spaces
0
Cooling
None
Pool
None
View
None
Status
Active
Days on market
46
MLS #
244781393

About this property

Excellent investment opportunity! This well-maintained 4-unit property sits on a 5,117 sq. ft. R2 corner lot with outstanding street frontage and convenient driveway access. The property consists of four 1-bedroom, 1-bathroom units, offering immediate income potential with the flexibility for an owner-occupant to live in one unit while collecting rent from the other three. Recent capital improvements include new electrical panels throughout and new mini-split HVAC systems in three of the four units. One unit features two dedicated off-street parking spaces, with additional street parking available. Located just minutes from LAX, SoFi Stadium, shopping centers, hospitals, major freeways, and public transportation, this property is well-positioned in a high-demand rental market. With stable income, recent upgrades, and future upside, this is an excellent opportunity for both seasoned investors and buyers looking to start building wealth through real estate. Opportunities like this are hard to find—schedule your showing today!

Location

6114 Wall

Los Angeles, Los Angeles, CA, 90003

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

6114 Wall, Los Angeles CA | Multifamily for Sale