Deal numbers
- Est. cap rate
- 4.9%
- Assumed rent, all units
- $6,880/mo
- Units
- 4
- Price per unit
- $212,500
- 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
- $50,896
- Annual cash flow
- -$11,680
- Cash on cash return
- -5.5%
- Down payment
- $212,500
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
- 4
- Building size
- 2,746 sqft
- Lot size
- 6,343 sqft
- Year built
- 1907
- Stories
- 2
- Garage spaces
- 2
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 245065251
About this property
** 4 UNITS, 1 VACANCY AND 2 CAR GARAGE WITH 2 ATTACHED STORAGE ROOM, POSSIBLE ADU** Exceptional investment opportunity featuring **4 units across 3 separate buildings**. The property consists of a detached **2-bedroom, 1-bath** single-family home, a detached two-story building with a **1-bedroom, 1-bath** unit, an additional **1-bedroom, 1-bath** unit that is **currently vacant**, and a detached upper-level **1-bedroom, 1-bath** unit with a bonus room situated above a **2-car garage with two attached storage rooms**, offering excellent **ADU conversion potential** (buyer to verify). Some units feature **laundry hookups** for added tenant convenience. All gas and electric meters are separately metered, with **water being the only shared utility**, helping minimize operating expenses. The detached layout provides added privacy for tenants while creating a desirable rental configuration with strong income and value-add potential. Conveniently located near shopping, schools, public transportation, and major freeways, this is an outstanding opportunity for investors or owner-occupants looking to maximize long-term upside.
Location
245 W 73rd
Los Angeles, Los Angeles, CA, 90003