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Quadruplex at 1236 W Martin Luther King Jr Boulevard
$1,500,000
1236 W Martin Luther King Jr Boulevard
Los Angeles, Los Angeles, 90037
Quadruplex · 4 units
Active · 43 days on market

Deal numbers

Est. cap rate
2.9%
Assumed rent, all units
$7,200/mo
Units
4
Price per unit
$375,000
Est. annual NOI
$43,200
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.

5.0%
50%
25%
7.00%
Effective gross income
$82,080
Operating expenses
$41,040
Net operating income
$41,040
Annual debt service
$89,816
Annual cash flow
-$48,776
Cash on cash return
-13.0%
Down payment
$375,000

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
Quadruplex
Bedrooms
4
Building size
4,658 sqft
Lot size
6,401 sqft
Year built
1921
Stories
2
Garage spaces
2
Cooling
None
Pool
None
Status
Active
Days on market
43
MLS #
245964230

Location

1236 W Martin Luther King Jr Boulevard

Los Angeles, Los Angeles, CA, 90037

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1236 W Martin Luther King Jr Blvd, Los Angeles CA | Multifamily for Sale