
Deal numbers
- Est. cap rate
- 3.8%
- Assumed rent, all units
- $5,520/mo
- Units
- 3
- Price per unit
- $291,666
- Est. annual NOI
- $33,120
- 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
- $62,928
- Operating expenses
- $31,464
- Net operating income
- $31,464
- Annual debt service
- $52,393
- Annual cash flow
- -$20,929
- Cash on cash return
- -9.6%
- Down payment
- $218,750
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
- 1,482 sqft
- Lot size
- 6,400 sqft
- Year built
- 1912
- Stories
- 2
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 32
- MLS #
- 245859761
About this property
RARE TRIPLEX OPPORTUNITY IN WALNUT PARK! Investors and owner-users—here’s your opportunity to acquire a versatile three-unit property offering multiple income streams, rental upside, and flexible ownership potential. * Back Unit will be delivered VACANT (1bd /1bath)* The property features a 3BD/2BA, 1BD/1BA, and 1BD/1BA, providing a diverse unit mix and multiple avenues for an investor to maximize the property's income potential. An owner-user can live in one unit while generating rental income from the remaining units, while investors can add a well-positioned triplex to their portfolio. The location offers convenient access to Downtown Los Angeles, major transportation routes, shopping, dining, and much more making this an attractive location for tenants and owner-users alike. Three units. Multiple income streams. Opportunity for rental growth. Properties offering this combination of unit mix and income potential are rare. Investors—don’t miss this opportunity! Drive By, make offer and make this triplex your next investment.
Location
2305 Walter
Huntington Park, Los Angeles, CA, 90255