Est. cap rate

4.7%

Assumed rent, all units

$6,420/mo

Units

3

Price per unit

$275,000

Est. annual NOI

$38,520

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

1,552 sqft

Lot size

4,998 sqft

Year built

1915

Stories

1

Garage spaces

1

Heating

Floor Furnace

Pool

None

View

Neighborhood

Status

Active

Days on market

1

MLS #

245706860

About this property

This is a great triplex, well maintained in the heart of San Pedro. Each unit have own entrance. Front Unit #622 offers 2 spacious rooms, 1bath, living room, dining room, kitchen and indoor laundry. Front cover porch. Private back yard and electrical gate to park one car. Additional storage room on basement and one car garage. Unit 624, Offers 1 bedroom and one bath. Private yard and laundry room (detached) New water heater. 624 1/2 studio, totally remodel, have ac unit and access to the laundry room (detached). Back units have rear access thru the alley. The property location offers easy access to variety of amenities, including shopping, dining, entertainment and public transportation.

Location

622 W 2nd Street

San Pedro, Los Angeles, CA, 90731