Est. cap rate

4.2%

Assumed rent, all units

$9,160/mo

Units

4

Price per unit

$325,000

Est. annual NOI

$54,960

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

4,198 sqft

Lot size

6,202 sqft

Year built

1964

Stories

2

Garage spaces

0

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

Mountain(s),City Lights,Neighborhood

Status

Active

Days on market

5

MLS #

246388881

About this property

Great investment opportunity in Los Angeles! This legally recorded quadruplex offers a versatile unit mix with strong existing income and additional upside potential. Three legal units are currently tenant occupied on month-to-month agreements, while the owner’s 3-bedroom, 2-bathroom unit is expected to be delivered vacant, creating an opportunity for an owner-user or investor. Property features copper plumbing with a 1-inch main service line, an upgraded electrical system, two tankless water heaters, seismic foundation retrofit with anchor bolts, upgraded bathrooms in **Unit 2**, gas-fired wall furnaces, window A/C units, and on-site Speed Queen laundry machines. Additional income is generated from laundry and parking. Property also contains an additional occupied studio space that is not reflected as a legal fifth unit in available public records. Buyer to independently verify permits, unit configuration, square footage, rents, zoning, RSO status, improvements, and all other property information with the appropriate agencies.

Location

4139 Normal

Los Angeles, Los Angeles, CA, 90029