Deal numbers
- Est. cap rate
- 1.9%
- Assumed rent, all units
- $5,400/mo
- Units
- 3
- Price per unit
- $566,333
- 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.
- Effective gross income
- $61,560
- Operating expenses
- $30,780
- Net operating income
- $30,780
- Annual debt service
- $101,731
- Annual cash flow
- -$70,951
- Cash on cash return
- -16.7%
- Down payment
- $424,750
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
- 3,872 sqft
- Lot size
- 6,752 sqft
- Year built
- 1924
- Stories
- 2
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 245604407
About this property
**Seller Says Sell! Price Reduced – Exceptional Investment Opportunity Near USC & Downtown Los Angeles** Don't miss this outstanding opportunity to own a well-located triplex in one of Los Angeles' most desirable investment corridors. Ideally situated just minutes from Downtown Los Angeles and within walking distance of USC, the Los Angeles Memorial Coliseum, BMO Stadium, Exposition Park, the George Lucas Museum, and the Metro E (Expo) Line, this property offers exceptional convenience for tenants and long-term appreciation potential. The property is currently tenant-occupied with stable, below-market rents, providing immediate income with future upside. The spacious backyard presents an excellent opportunity to add an ADU (buyer to verify), creating additional rental income and increasing the property's overall value. Commuters will appreciate the easy access to the 10, 105, and 110 Freeways, placing Downtown LA, LAX, Inglewood, Long Beach, Crypto.com Arena, Dodger Stadium, Intuit Dome, SoFi Stadium, Hollywood Park Casino, and countless employment and entertainment destinations within easy reach. Whether your clients are expanding their investment portfolio or seeking a value-add opportunity in a rapidly developing neighborhood, this triplex offers location, income, and tremendous upside. Seller is highly motivated and has reduced the price—don't miss this opportunity!
Location
620 W 41st
Los Angeles, Los Angeles, CA, 90037