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Quadruplex at 1029 Ruberta
$1,300,000
1029 Ruberta
Glendale, Los Angeles, 91201
Quadruplex · 4 units
Active · 62 days on market

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.

5.0%
50%
25%
7.00%
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

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1029 Ruberta, Glendale CA | Multifamily for Sale