Est. cap rate

7.0%

Assumed rent, all units

$6,420/mo

Units

3

Price per unit

$183,333

Est. annual NOI

$38,520

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

Triplex

Bedrooms

3

Building size

1,784 sqft

Lot size

5,939 sqft

Year built

1946

Stories

2

Garage spaces

0

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

58

MLS #

245341289

About this property

Investor opportunity in the City of Montebello! The property was involved in a prior fire, and the rear unit has been deemed uninhabitable by the applicable city/county authorities. The property is zoned R3. The property is being sold AS-IS, and buyers are encouraged to conduct their own inspections and due diligence regarding the property's condition, occupancy status, permits, zoning, repairs, and any governmental requirements. Conveniently located near shopping, dining, schools, and major transportation routes, this property presents an opportunity for investors or buyers seeking a project with future potential.

Location

123 S 5th

Montebello, Los Angeles, CA, 90640