Deal numbers
- Est. cap rate
- 2.3%
- Assumed rent, all units
- $5,820/mo
- Units
- 3
- Price per unit
- $500,000
- Est. annual NOI
- $34,920
- 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
- $66,348
- Operating expenses
- $33,174
- Net operating income
- $33,174
- Annual debt service
- $89,816
- Annual cash flow
- -$56,642
- Cash on cash return
- -15.1%
- 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
- Triplex
- Bedrooms
- 3
- Building size
- 1,895 sqft
- Lot size
- 6,750 sqft
- Year built
- 1922
- Stories
- 1
- Garage spaces
- 3
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 9
- MLS #
- 246040932
About this property
Prime opportunity for investors, rehabbers, and experienced developers seeking a value-add project in Los Angeles. This property offers three existing structures on an approximately 6,750 SF lot and presents significant potential for renovation and repositioning. The property is being offered in its current condition and will require substantial rehabilitation, making it well suited for an investor looking to execute a comprehensive renovation strategy. The location adds significant appeal, with convenient access to major Los Angeles destinations including the Natural History Museum, California Science Center, BMO Stadium, USC, Crypto.com Arena, and the Los Angeles Convention Center. Restaurants, bars, and neighborhood amenities are also within walking distance along Western Avenue, while Downtown Los Angeles is just a few miles away. With its sizeable lot, existing use, and strategic location, this property offers multiple possibilities for an investor looking to create value through renovation or repositioning. Buyers are encouraged to independently verify all property characteristics, zoning, development potential, and intended uses with the appropriate governmental agencies. Offered at $1,500,000. Property being sold as-is.
Location
3936 Brighton
Los Angeles, Los Angeles, CA, 90062