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Triplex at 1702-1704 Glendon Avenue
$2,300,000
1702-1704 Glendon Avenue
Los Angeles, Los Angeles, 90024
Triplex · 3 units
Active · 19 days on market

Deal numbers

Est. cap rate
2.7%
Assumed rent, all units
$10,350/mo
Units
3
Price per unit
$766,667
Est. annual NOI
$62,100
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
$117,990
Operating expenses
$58,995
Net operating income
$58,995
Annual debt service
$137,718
Annual cash flow
-$78,723
Cash on cash return
-13.7%
Down payment
$575,000

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
2,805 sqft
Lot size
6,618 sqft
Year built
1940
Stories
1
Garage spaces
3
Cooling
Ductless
Pool
None
View
Park/Greenbelt
Status
Active
Days on market
19
MLS #
246291667

About this property

Just Renovated | Single-Family Homes | Prime Westside Location Rare opportunity to lease individual, detached single-family homes on a prime corner lot just off the 405 freeway. Multiple homes are available and may be leased separately. Each home has been thoughtfully renovated, blending original charm—including hardwood floors, crown molding, and original built-in cabinetry—with updated kitchens and bathrooms. Features and finishes vary by residence. Every home includes: Heating and air conditioning In-unit washer and dryer Private garage Outdoor patio space Front and rear entrances Unbeatable Westside proximity: ~5 minutes to Century City, UCLA, Beverly Hills, and Brentwood ~10 minutes to Santa Monica, West Hollywood, and the beach Homes may be leased furnished or unfurnished at the same price, with furnished options including curated furniture, artwork, hotel-quality linens, and fully stocked kitchens. Available for immediate move-in. February and March move-in dates also considered Now accepting applications - Call Sara at 202-997-9933 to schedule a showing.

Location

1702-1704 Glendon Avenue

Los Angeles, Los Angeles, CA, 90024

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1702-1704 Glendon Ave, Los Angeles CA | Multifamily for Sale