Est. cap rate

3.3%

Assumed rent, all units

$7,200/mo

Units

4

Price per unit

$323,750

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.

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

2,400 sqft

Lot size

6,190 sqft

Year built

2023

Stories

1

Garage spaces

0

Pool

None

Status

Active

Days on market

1

MLS #

246023382

About this property

Excellent investment opportunity in South Los Angeles. This well-maintained recently remodeled property is situated at the end of a quiet cul-de-sac and features four separate residential units on a spacious lot. All four units are currently occupied, providing immediate rental income and an attractive opportunity for investors seeking a stabilized multi-unit asset with no rent control The property offers flexibility for a variety of investment strategies, whether you’re looking to expand your portfolio or acquire a multi-unit property with rental income potential to offset ownership expenses. There is also potential for future upside through rental growth and continued investment in the property. Conveniently located just minutes from Downtown Los Angeles, with easy access to major freeways, public transportation, shopping, restaurants, schools, and a wide range of everyday amenities. An excellent opportunity to acquire an income-producing multi-unit property in a convenient Los Angeles location.

Location

1175 E 41 Place

Los Angeles, Los Angeles, CA, 90011