Deal numbers
- Est. cap rate
- 3.4%
- Assumed rent, all units
- $6,930/mo
- Units
- 3
- Price per unit
- $408,333
- Est. annual NOI
- $41,580
- 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
- $79,002
- Operating expenses
- $39,501
- Net operating income
- $39,501
- Annual debt service
- $73,350
- Annual cash flow
- -$33,849
- Cash on cash return
- -11.1%
- Down payment
- $306,250
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
- 4
- Building size
- 3,244 sqft
- Lot size
- 5,834 sqft
- Year built
- 1946
- Stories
- 2
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 34
- MLS #
- 245899946
About this property
Welcome to 1861 S Redondo Blvd—an upgraded 4-unit income property featuring a triplex plus a newly built 2 bed, 2 bath ADU (approx. 700 sqft) with solar. All units are tenant-occupied, generating steady rental income. The combined living area is approximately 3,244 sqft on a 5,834 sqft LARD1.5-zoned lot. Recent improvements include upgraded electrical panels and a new sewer liner.
Location
1861 S Redondo
Los Angeles, Los Angeles, CA, 90019