Deal numbers
- Est. cap rate
- 4.4%
- Assumed rent, all units
- $9,080/mo
- Units
- 4
- Price per unit
- $312,500
- Est. annual NOI
- $54,480
- 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
- $103,512
- Operating expenses
- $51,756
- Net operating income
- $51,756
- Annual debt service
- $74,847
- Annual cash flow
- -$23,091
- Cash on cash return
- -7.4%
- Down payment
- $312,500
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
- 8
- Bathrooms
- 4
- Building size
- 5,458 sqft
- Lot size
- 0.14 sqft
- Year built
- 1903
- Stories
- 2
- Garage spaces
- 0
- Cooling
- Electric
- Pool
- None
- View
- City Lights
- Status
- Active
- Days on market
- 48
- MLS #
- 245418222
About this property
Welcome to 1943 Estrella Ave, a charming early-20th-century four-unit multifamily property ideally positioned in the heart of University Park, one of Los Angeles' most established and dynamic neighborhoods. Originally built in 1903, timeless architectural character combined with exceptional long-term investment potential. Close proximity, university of southern California is one of Los Angeles' most vibrant educational and cultural districts, blending historic architecture with modern urban conveniences. The neighborhood is known for its walkability, diverse dining scene, and proximity to world-class museums, sports venues, and entertainment. Other nearby destinations include California Science Center, Natural History Museum of Los Angeles County, BMO Stadium (LAFC), Los Angeles Memorial Coliseum, USC Village featuring Trader Joe's, Target, restaurants, cafés, and retail shopping, Downtown Los Angeles business and entertainment districts. Area provides easy access to the I-10 and I-110 Freeways, Metro E line and numerous bus routes, approximately 10 minutes to Downtown Los Angeles and Culver City / Santa Monica via Metro or Freeway. University Park offers a unique combination of historic homes, academic growth, museums, sporting activities and cultural attractions.
Location
1943 Estrella Avenue
Los Angeles, Los Angeles, CA, 90007