Est. cap rate

1.6%

Assumed rent, all units

$7,290/mo

Units

3

Price per unit

$900,000

Est. annual NOI

$43,740

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

Triplex

Bedrooms

5

Bathrooms

5

Building size

2,753 sqft

Lot size

18,018 sqft

Year built

1949

Stories

1

Garage spaces

0

Heating

Central

Cooling

Central Air

Pool

Private

View

None

Status

Active

Days on market

1

MLS #

244783591

About this property

Exceptional TRIPLEX ON Huge lot in highly desire Melody Acre Discover unparalleled versatility in this sprawling Melody Acre estate. Set on a massive lot, this rare offering features a charming main residence and two separate ADU'S, perfectly suited for multigenerational living, a creative compound, or a high-yield rental opportunity. Main House Features: 3 Beds | 3 Baths 1795 sq ft Hardwood floors, a sunlit living room with a decorative fireplace, and an updated chef’s kitchen. [1, 2] ADU 1 Bedrooms/Baths: 1 Bed | 1 Bath Space: 590 sq. ft. Highlights: Fully equipped kitchenette and direct access to the outdoor entertainment area. ADU 2 Bedrooms/Baths: 1 Bed | 1 Bath. Space: 400 sq. ft. Highlights: Private entrance. Lot & Outdoor Highlights: Lot Size: ˜ 0.4 Acres (18,018 sq. ft.) Amenities: A resort-style pool and spa, mature trees, and expansive, manicured lawns. Potential: Massive upside for LOT SPLIT ( in process)

Location

5923 Corbin

Los Angeles, Los Angeles, CA, 91356