Est. cap rate

1.6%

Assumed rent, all units

$5,400/mo

Units

3

Price per unit

$666,667

Est. annual NOI

$32,400

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

Triplex

Bedrooms

3

Building size

3,584 sqft

Lot size

7,010 sqft

Year built

1923

Stories

2

Garage spaces

4

Style

See Remarks

Heating

Wall Furnace

Cooling

None

Pool

None

View

Neighborhood

Status

Active

Days on market

1

MLS #

245493406

About this property

**Prime Investment Opportunity at 3830 S. Figueroa St. Los Angeles, CA 90037** Discover this exceptional three-unit property in a highly desirable location. The upstairs unit features a spacious 3-bedroom, 1-bathroom layout, while the downstairs two units each provide 1-bedroom and 1-bathroom. This property is equipped with four car garage, three gas meters, three electrical meters, and one water meter. All units include inside laundry hookups. Zoned LAC2. There are NO tenants at the property, none of the units are rented. The location is unbeatable, situated across from BMO Stadium, Expo Center, Los Angeles Memorial Coliseum, Natural History Museum, California African American Museum, California Science Center, and Lucas Museum Narrative Art, plus walking distance to University of Southern California.

Location

3830 S Figueroa Street

Los Angeles, Los Angeles, CA, 90037