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Triplex at 12037 Rio Hondo Parkway
$1,388,000
12037 Rio Hondo Parkway
El Monte, Los Angeles, 91732
Triplex · 3 units
Active · 27 days on market

Deal numbers

Est. cap rate
2.7%
Assumed rent, all units
$6,240/mo
Units
3
Price per unit
$462,667
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.

5.0%
50%
25%
7.00%
Effective gross income
$71,136
Operating expenses
$35,568
Net operating income
$35,568
Annual debt service
$83,110
Annual cash flow
-$47,542
Cash on cash return
-13.7%
Down payment
$347,000

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
Triplex
Bedrooms
3
Building size
2,824 sqft
Lot size
15,115 sqft
Year built
1948
Stories
1
Garage spaces
2
Pool
None
Status
Active
Days on market
27
MLS #
246001870

About this property

First time on the market in 25 years. Three homes on a large lot, all with new roofs and paint and updated electrical panels and windows. The front two homes are 2 bedrooms and 1 bathroom units and the rear home is 3 BR with 1 3/4 BA. The large rear home has been extensively remodeled and includes new HVAC, windows, and a tankless water heater. All three units have private yards, patios, and parking. This property has been well-cared for and fully shows its pride of ownership.

Location

12037 Rio Hondo Parkway

El Monte, Los Angeles, CA, 91732

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

12037 Rio Hondo Pkwy, El Monte CA | Multifamily for Sale