Est. cap rate

4.7%

Assumed rent, all units

$7,440/mo

Units

3

Price per unit

$316,333

Est. annual NOI

$44,640

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

1,309 sqft

Lot size

3,104 sqft

Year built

1922

Stories

1

Garage spaces

0

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

1

MLS #

246394574

About this property

LIVE IN ONE. RENT THE OTHERS. BUILD YOUR FUTURE! This Glendale triplex offers an exciting opportunity to enjoy the benefits of homeownership while generating rental income from the same property. Featuring one 2-bedroom, 1-bathroom residence and two 1-bedroom, 1-bathroom residences, one unit is currently vacant and ready for potential owner occupancy. Recent improvements include a new roof and new gate, adding value and peace of mind. Each unit provides its own living space and separate utility meters, while a detached garage and outdoor common area add convenience. Ideally located near shopping, dining, transportation, and major freeways, this property is a smart opportunity for an owner-user or investor. Live in one. Rent the others. Let your property work for you!

Location

833 Pepper

Glendale, Los Angeles, CA, 91205