Est. cap rate

4.5%

Assumed rent, all units

$6,720/mo

Units

3

Price per unit

$299,667

Est. annual NOI

$40,320

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

Triplex

Bedrooms

3

Building size

2,387 sqft

Lot size

5,512 sqft

Year built

1955

Stories

2

Garage spaces

3

Heating

Wall Furnace

Cooling

None

Pool

None

Status

Active

Days on market

25

MLS #

246340876

About this property

PRICED TO SELL! Excellent investment opportunity in Inglewood! This triplex features three 1-bedroom, 1-bath units, offering a great combination of existing rental income and future upside potential. One unit is currently vacant, providing an excellent opportunity for an owner-user or investor to lease the unit at current market rent. Each unit has its own garage parking, plus additional parking in the rear. The property also offers potential to convert existing garage space and/or add an ADU for an additional unit and increased rental income. With one vacant unit, below-market existing rents, ample parking, and value-add potential, this is an attractive opportunity for an investor looking to increase long-term cash flow and property value. Conveniently located near shopping, dining, transportation, major freeways, SoFi Stadium, Intuit Dome, and Kia Forum. Motivated sellers, bring your investors and owner-user buyers!

Location

1139 E 67th Street

Inglewood, Los Angeles, CA, 90302