
Deal numbers
- Est. cap rate
- 4.7%
- Assumed rent, all units
- $10,200/mo
- Units
- 4
- Price per unit
- $325,000
- Est. annual NOI
- $61,200
- 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
- $116,280
- Operating expenses
- $58,140
- Net operating income
- $58,140
- Annual debt service
- $77,840
- Annual cash flow
- -$19,700
- Cash on cash return
- -6.1%
- Down payment
- $325,000
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
- 2,278 sqft
- Lot size
- 7,425 sqft
- Year built
- 1941
- Stories
- 1
- Garage spaces
- 4
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 62
- MLS #
- 245020635
About this property
Very nice 4 plex built in 1941, first time on the market since 2004, attractive garden with sprinkler system, 4) 1 bedroom 1 bath units, built in cabinets in dining area, walk in closets, front and rear door access to all units, gas floor furnace heat(4) detached single car garages, walk to parks, shopping, transportation, no rent control, asphalt driveway , 4 units and garages currently rented . New roof ( 2025) offer subject to inspection, drive by only, please do not disturb tenants. Buyer to verify all the information, development potential, square footage, permits, lot dimensions, no rent control, Property is being sold as a 1031 exchange, buyer to cooperate at no expense to buyer. Showings with accepted offer.
Location
1029 Ruberta
Glendale, Los Angeles, CA, 91201