Est. cap rate

4.1%

Assumed rent, all units

$8,040/mo

Units

3

Price per unit

$391,667

Est. annual NOI

$48,240

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

1,554 sqft

Lot size

8,270 sqft

Year built

1940

Stories

1

Garage spaces

4

Heating

Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

69

MLS #

245506481

About this property

Unique multi-unit opportunity in Claremont featuring three separate residential units with existing rental potential and room for future improvement. * Unit 1 - 2-bedroom, 1-bathroom * Unit 2 - studio includes a private bathroom * Unit 3 -1-bedroom, 1-bathroom. This combination allows an investor to maintain existing income while gradually enhancing the property and increasing its long-term value. Located within Claremont’s Village South Specific Plan area, the property may provide additional possibilities for future residential, commercial, office, or mixed-use development, subject to City approval and applicable zoning requirements. Conveniently situated near Claremont Village, the Claremont Colleges, shopping, dining, and transportation, this property offers an appealing opportunity for an investor, developer, or buyer seeking a versatile income-producing asset in a desirable Claremont location. Buyer to independently verify permits, unit configuration, square footage, zoning, allowable uses, and development potential with the City of Claremont.

Location

449 , 447, 448 Arrow Highway

Claremont, Los Angeles, CA, 91711