← Back to listings
Triplex at 122 E Gage
$700,000
122 E Gage
Los Angeles, Los Angeles, 90003
Triplex · 3 units
Active · 1 days on market

Deal numbers

Est. cap rate
4.4%
Assumed rent, all units
$5,160/mo
Units
3
Price per unit
$233,333
Est. annual NOI
$30,960
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
$58,824
Operating expenses
$29,412
Net operating income
$29,412
Annual debt service
$41,914
Annual cash flow
-$12,502
Cash on cash return
-7.1%
Down payment
$175,000

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
2,164 sqft
Lot size
4,973 sqft
Year built
1919
Stories
1
Garage spaces
0
Pool
None
Status
Active
Days on market
1
MLS #
246228341

Location

122 E Gage

Los Angeles, Los Angeles, CA, 90003

Ask Alex about this property

Questions on the numbers, a pro forma, or a tour? Send a note.

Add a phone number above if you want to allow texts. Text permission and advertising measurement are separate choices.

Alex Duarte, DRE# 01970077, First Team Real Estate

122 E Gage, Los Angeles CA | Multifamily for Sale