Est. cap rate

5.5%

Assumed rent, all units

$7,320/mo

Units

4

Price per unit

$199,750

Est. annual NOI

$43,920

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.

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

2,488 sqft

Lot size

7,002 sqft

Year built

1947

Stories

1

Garage spaces

0

Pool

None

Status

Active

Days on market

14

MLS #

245290472

About this property

Excellent investment opportunity in South Los Angeles! This well-maintained four-unit property features four 1-bedroom, 1-bathroom units, offering a strong mix of reliable income and future upside. The property currently generates $78,588 in annual gross scheduled income with a combination of Section 8 and market-rate tenants. Several recent improvements have been completed, making this an attractive asset for both seasoned and first-time investors. The property offers significant rental upside! Conveniently located near schools, shopping, restaurants, major freeways, and public transportation, providing excellent accessibility for tenants. This is a great opportunity to acquire a stable income-producing property with long-term appreciation potential. (2) Two car garages available for parking besides a spacious drive way.

Location

719 ½ W 78th

Los Angeles, Los Angeles, CA, 90044