Deal numbers
- Est. cap rate
- 2.7%
- Assumed rent, all units
- $10,770/mo
- Units
- 3
- Price per unit
- $800,000
- Est. annual NOI
- $64,620
- 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
- $122,778
- Operating expenses
- $61,389
- Net operating income
- $61,389
- Annual debt service
- $143,705
- Annual cash flow
- -$82,316
- Cash on cash return
- -13.7%
- Down payment
- $600,000
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
- 9
- Bathrooms
- 6
- Building size
- 4,324 sqft
- Lot size
- 6,752 sqft
- Year built
- 2024
- Stories
- 1
- Garage spaces
- 6
- Cooling
- None
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 56
- MLS #
- 246343101
About this property
Investment Opportunity: Nearly Completed Triplex! This unique property presents an excellent opportunity for investors, developers, or buyers looking to complete a multi-unit project and maximize its income potential. The property features three units with a combined total of 9 bedrooms and 6 bathrooms, offering approximately 4,324 sq. ft. of living space on a 6,750 sq. ft. lot. Each unit is designed with an attached garage, providing a total of 6 garage spaces. The project is almost complete, with significant construction already underway, including framing, plumbing, electrical, windows, doors, and exterior work. The remaining work allows the new owner the opportunity to complete the property and select the final finishes and details. The multi-unit layout provides excellent potential for generating multiple rental streams once completed. Whether you're an experienced investor looking for your next value-add project or seeking a property with strong income-producing potential, this triplex offers a rare opportunity to finish and bring a substantial multi-unit property to completion. Buyer to verify all property details, square footage, permits, zoning, construction status, and intended use with the appropriate governmental agencies. Property is being sold in its current condition.
Location
6651 Camellia Avenue
Los Angeles, Los Angeles, CA, 91606