Deal numbers
- Est. cap rate
- 8.4%
- Assumed rent, all units
- $13,960/mo
- Units
- 4
- Price per unit
- $250,000
- Est. annual NOI
- $83,760
- 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
- $159,144
- Operating expenses
- $79,572
- Net operating income
- $79,572
- Annual debt service
- $59,877
- Annual cash flow
- $19,695
- Cash on cash return
- 7.9%
- Down payment
- $250,000
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
- 3,784 sqft
- Lot size
- 5,020 sqft
- Year built
- 1920
- Stories
- 2
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 46
- MLS #
- 245589674
About this property
Prime Downtown Los Angeles 4-unit investment opportunity! This well-maintained multifamily property features four generously sized 2-bedroom, 1-bath units and is ideally situated in one of the city's most sought-after rental markets. Conveniently located near LA Live, Crypto Arena, USC, Major freeways, shopping dining, and public transportation, the property offers excellent accessibility and strong tenant appeal. Whether you're a seasoned investor or just beginning to build your portfolio, this income-producing property offers immediate cash flow with long-term growth potential in a thriving urban location. Don't miss this exceptional investment opportunity.
Location
1102 W 18th
Los Angeles, Los Angeles, CA, 90015