Deal numbers
- Est. cap rate
- 2.2%
- Assumed rent, all units
- $6,240/mo
- Units
- 3
- Price per unit
- $563,333
- Est. annual NOI
- $37,440
- 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
- $71,136
- Operating expenses
- $35,568
- Net operating income
- $35,568
- Annual debt service
- $101,193
- Annual cash flow
- -$65,625
- Cash on cash return
- -15.5%
- Down payment
- $422,500
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
- 4,304 sqft
- Lot size
- 23,757 sqft
- Year built
- 1984
- Stories
- 2
- Garage spaces
- 7
- Pool
- None
- Status
- Active
- Days on market
- 4
- MLS #
- 245709775
About this property
Exceptional triplex (2911, 2913 & 2915) investment opportunity on a large 23,757 SF lot with a well-designed site plan and stable rental income. This property features three detached units, each with its own washer & Dryerr, private yard and individual garage—a rare setup that offers added privacy and strong tenant appeal. The property currently produces stable income, making it an attractive option for both investors and owner-occupants seeking long-term rental stability. All units are occupied on MTM leases, providing flexibility for future rent adjustments or potential owner occupancy. Per Seller, ~$90K spent on prior approved plans for a 1,711 SF unit and 563 SF ADU (garage coversion); permits expird in July 2025. Plans/reports available. Potential for up to 16 units-buyer to verify with city. Conveniently located near shopping, dining, schools, and major transportation routes, this property benefits from strong rental demand in the San Gabriel Valley. Ideal for investors seeking a value-add opportunity or buyers looking for long-term growth and development potential.PLEASE DON'T DISBURB TENANTS. DO NOT WALK THE PROPERTY WITHOUT AN APPOINTMENT.
Location
2915 Allgeyer
El Monte, Los Angeles, CA, 91732