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Triplex at 154 Diamond Street
$2,150,000
154 Diamond Street
Arcadia, Los Angeles, 91006
Triplex · 3 units
Active · 39 days on market

Deal numbers

Est. cap rate
2.1%
Assumed rent, all units
$7,590/mo
Units
3
Price per unit
$716,667
Est. annual NOI
$45,540
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.

5.0%
50%
25%
7.00%
Effective gross income
$86,526
Operating expenses
$43,263
Net operating income
$43,263
Annual debt service
$128,736
Annual cash flow
-$85,473
Cash on cash return
-15.9%
Down payment
$537,500

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
Triplex
Bedrooms
3
Building size
3,485 sqft
Lot size
8,013 sqft
Year built
1988
Stories
2
Garage spaces
6
Heating
Central
Cooling
Central Air
Pool
None
View
Neighborhood
Status
Active
Days on market
39
MLS #
245503690

About this property

Exceptional Arcadia Triplex + Turnkey Investment + Immediate Cash Flow! Located within the highly acclaimed Arcadia Unified School District. This well-maintained, fully occupied triplex provides the ideal unit mix. Featuring a 3 bedroom, 2.5 bathroom townhome style front unit and two spacious 2 bedroom, 2 bathroom units that offers broad tenant appeal and strong, consistent rental income. Each unit is separately metered for gas and electric with functional floor plans, generous living space, attached direct access 2 car garages and individual washer/dryer hookups for added tenant convenience. Pride of ownership is evident throughout, making this a true turnkey asset. This premier income property attracts quality, long-term tenants and enjoys excellent rental demand. With all units leased and producing immediate cash flow, this is excellent for investment or exchange on a stable income property in one of the San Gabriel Valley's strongest rental markets. Rarely available in such a prime location, this Arcadia triplex offers the perfect combination of location, quality, and long-term investment potential. Don't miss this outstanding opportunity!

Location

154 Diamond Street

Arcadia, Los Angeles, CA, 91006

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

154 Diamond St, Arcadia CA | Multifamily for Sale