
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.
- 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