Est. cap rate

3.3%

Assumed rent, all units

$5,250/mo

Units

3

Price per unit

$316,667

Est. annual NOI

$31,500

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

2,275 sqft

Lot size

5,977 sqft

Year built

1948

Stories

3

Garage spaces

1

Heating

Wall Furnace

Pool

None

Status

Active

Days on market

40

MLS #

245966873

About this property

Prime East Los Angeles Triplex with Panoramic Neighborhood Views and Strong Income Potential. Welcome to this well-positioned triplex in the desirable area of East Los Angeles, offering an excellent opportunity for investors, owner-users, or buyers seeking a multi-unit property with immediate rental income and long-term upside. Perched on a hillside, the property enjoys elevated views overlooking the surrounding El Sereno neighborhood and toward Cal State LA, creating a distinctive setting that is rarely found in an income property. The property consists of three residential units, each listed in public records as a 2-bd, 1-ba configuration with modifications previously made to two of the units, including one configured with 4-bd, 2-ba and another with 3-bd, 1-ba. Buyers are encouraged to independently verify all permitted and unpermitted improvements, square footage, bedroom and bathroom counts, zoning, and other property characteristics. One unit includes a private 1-car garage, while the other units utilize street parking. The property is currently fully occupied, with all three units generating positive income. Conveniently located minutes from the 10 and 710 freeways, Downtown Los Angeles, and Cal State LA, the property offers excellent access to employment centers, educational institutions, shopping, dining, transportation, and the many amenities of Northeast Los Angeles. With its hillside location, attractive views, three-unit configuration, established rental income, and proximity to major transportation corridors and Cal State LA, this property presents an exceptional opportunity to acquire a multi-family asset in a highly connected Los Angeles location. All information is deemed reliable but not guaranteed. Buyer and buyer's agent to verify all property information independently.

Location

3977 Ramboz

City Terrace, Los Angeles, CA, 90063