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Quadruplex at 1634 W Parade
$1,100,000
1634 W Parade
Long Beach, Los Angeles, 90810
Quadruplex · 4 units
Active · 9 days on market

Deal numbers

Est. cap rate
4.1%
Assumed rent, all units
$7,560/mo
Units
4
Price per unit
$275,000
Est. annual NOI
$45,360
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
$86,184
Operating expenses
$43,092
Net operating income
$43,092
Annual debt service
$65,865
Annual cash flow
-$22,773
Cash on cash return
-8.3%
Down payment
$275,000

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
Quadruplex
Bedrooms
4
Building size
2,717 sqft
Lot size
6,580 sqft
Year built
1928
Stories
1
Garage spaces
1
Pool
None
Status
Active
Days on market
9
MLS #
246345964

About this property

Long Beach Cash Cow!! Large 4 units with recent remodel to the interior and exterior of most units.

Location

1634 W Parade

Long Beach, Los Angeles, CA, 90810

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1634 W Parade, Long Beach CA | Multifamily for Sale