Est. cap rate

5.2%

Assumed rent, all units

$7,600/mo

Units

4

Price per unit

$218,750

Est. annual NOI

$45,600

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

2,436 sqft

Lot size

7,587 sqft

Year built

1937

Stories

1

Garage spaces

0

Pool

None

Status

Active

Days on market

138

MLS #

246301566

About this property

Attention Investors and Owner-Users! | Four Single-Story Free-Standing Homes Located in the Desirable Hyde Park Neighborhood of Los Angeles | Perfect Opportunity for Owner-User | Situated 2 blocks away from the Hyde Park Station for the Crenshaw/LAX Metro Transit Line (K Line) | Area offers easy access to Baldwin Hills Crenshaw Plaza, Kia Form, SoFi Stadium, Intuit Dome, Hollywood Park Casino, Westfield Culver City, Los Angeles International Airport (LAX), The University of Southern California, Crypto Arena, and more | Zoning is LAR3 Transit Oriented Community (TOC) Area Tier 3 Zoning | Build up to 17 Units | Reduced Parking Requirements and Setback Allowances | No Subterranean Parking Required & Only 0.5 Parking Spaces Per Unit | Owner Occupants can Buy Using Residential Conv or FHA Financing.

Location

6023 11th Avenue

Los Angeles, Los Angeles, CA, 90043