Est. cap rate

3.7%

Assumed rent, all units

$8,400/mo

Units

4

Price per unit

$345,000

Est. annual NOI

$50,400

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

3,856 sqft

Lot size

10,878 sqft

Year built

1938

Stories

1

Garage spaces

1

Style

Traditional

Heating

Wall Furnace

Pool

None

View

None

Status

Active

Days on market

44

MLS #

245451773

About this property

FOUR DETACHED SINGLE-FAMILY RESIDENCES IN PARAMOUNT! This investment property offers an excellent opportunity for both investors and owner-occupants. One unit is currently vacant, providing the perfect chance for a buyer to move in while generating rental income from the other three tenant-occupied units. Whether you're looking to offset your mortgage with rental income or expand your investment portfolio, this property offers outstanding potential. Ideally situated near grocery stores, shopping centers, restaurants, schools, parks, public transportation and everyday conveniences, the property also offers quick access to several major freeways, making commuting throughout Los Angeles and Orange County convenient. In addition, this property offers flexibility of immediate owner occupancy. This is a rare opportunity you won't want to miss!

Location

14127 Colorado Ave

Paramount, Los Angeles, CA, 90723