Deal numbers
- Est. cap rate
- 6.9%
- Assumed rent, all units
- $6,880/mo
- Units
- 4
- Price per unit
- $148,875
- 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
- $35,657
- Annual cash flow
- $3,559
- Cash on cash return
- 2.4%
- Down payment
- $148,875
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
- 2,605 sqft
- Lot size
- 8,081 sqft
- Year built
- 1954
- Stories
- 2
- Garage spaces
- 5
- Pool
- None
- Status
- Active
- Days on market
- 15
- MLS #
- 244804050
About this property
Here is a great investment opportunity to add to your portfolio!!! Green Meadows location, South LA, just a short drive to SOFI Stadium, LAX, and Playa Del Rey beach! Purchase this four unit building on a super sized lot with 4 one bedroom units and five covered garage spots! The front grassy yard is phenominal giving plenty of space for residents to enjoy outdoor activities. This property is lender owned, sold AS IS! No inspections, no appraisal, cash purchase. This property is subject to city of Los Angeles Housing Department program, REAP and rent control. Buyer to be responsible for occupancy after the close of escrow at buyer's expense. On an over 8,000 square foot lot in this location on Avalon Blvd. with a combination of commercial and residential nearby, it's prime to improve and create an even better investment/development.Please do not trespass or disturb occupants. This property is included in an online auction, Buyer's agents and buyers may submit a bid online, Time Limit Bidding with a bid period beginning 07/28/2026, 10:00:00 and ending 08/04/2026, 10:00:00. The minimum starting bid authorized by Seller is: $ 500,000.00.
Location
9809 Avalon
Los Angeles, Los Angeles, CA, 90003