Deal numbers
- Est. cap rate
- 3.0%
- Assumed rent, all units
- $5,460/mo
- Units
- 3
- Price per unit
- $366,667
- Est. annual NOI
- $32,760
- 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
- $62,244
- Operating expenses
- $31,122
- Net operating income
- $31,122
- Annual debt service
- $65,865
- Annual cash flow
- -$34,743
- Cash on cash return
- -12.6%
- Down payment
- $275,000
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
- 2,094 sqft
- Lot size
- 7,021 sqft
- Year built
- 1924
- Stories
- 2
- Garage spaces
- 2
- Pool
- None
- Status
- Active
- Days on market
- 5
- MLS #
- 246080445
About this property
1497 W 27th St is a versatile three-unit income property offering strong potential for investors or owner-users. The property features a spacious detached single-family residence with 3 bedrooms and 1.5 bathrooms, plus two separate 1-bedroom, 1-bath bungalows. One of the 1-bedroom bungalows is currently available, creating an immediate opportunity for a buyer to set market rent or occupy the unit. Conveniently located just blocks from USC and within the USC patrol area, this property benefits from a highly desirable rental location near campus, transportation, dining, and neighborhood amenities. An excellent asset for expanding a real estate portfolio, with multiple detached units and potential rental income upside.
Location
1497 W 27th
Los Angeles, Los Angeles, CA, 90007