Deal numbers
- Est. cap rate
- 3.6%
- Assumed rent, all units
- $9,080/mo
- Units
- 4
- Price per unit
- $377,500
- Est. annual NOI
- $54,480
- 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
- $103,512
- Operating expenses
- $51,756
- Net operating income
- $51,756
- Annual debt service
- $90,415
- Annual cash flow
- -$38,659
- Cash on cash return
- -10.2%
- Down payment
- $377,500
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
- 6
- Building size
- 6,006 sqft
- Lot size
- 6,753 sqft
- Year built
- 1961
- Stories
- 2
- Garage spaces
- 6
- Heating
- Wall Furnace
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 91
- MLS #
- 244877595
About this property
Prime North Hollywood Investment Opportunity! Fully occupied 6-unit apartment building offering immediate cash flow with excellent upside through future market rent increases. Ideally located near Hollywood Burbank Airport, major freeways, shopping, dining, and entertainment. A stable, income-producing asset in a high-demand rental market—perfect for investors or a 1031 Exchange. Don’t miss this exceptional opportunity to expand your portfolio. Contact us today for a private showing. SELLER IS WILLING TO CARRY THE NOTE WITH A 25% DOWN Payment.
Location
6651 Beck
Los Angeles, Los Angeles, CA, 91606