Deal numbers
- Est. cap rate
- 1.7%
- Assumed rent, all units
- $6,540/mo
- Units
- 3
- Price per unit
- $765,000
- Est. annual NOI
- $39,240
- 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
- $74,556
- Operating expenses
- $37,278
- Net operating income
- $37,278
- Annual debt service
- $137,418
- Annual cash flow
- -$100,140
- Cash on cash return
- -17.5%
- Down payment
- $573,750
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
- 4,857 sqft
- Lot size
- 3,578 sqft
- Year built
- 2019
- Stories
- 3
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 2
- MLS #
- 246397557
About this property
Exceptional multi-unit property in Los Angeles. Built in 2019 with a Certificate of Occupancy issued in 2022, this modern 4,857 SF property offers 8 bedrooms and 6 bathrooms across three distinct living areas. Property is represented as not subject to rent control; buyer to independently verify applicable rental regulations and exemptions. The lower level features approximately 1,200 SF with 2 bedrooms and 2 bathrooms, while the second and third floors each offer approximately 1,600 SF with 3 bedrooms and 2 bathrooms. Modern construction, spacious floor plans, high bedroom and bathroom density, and flexible living areas create an attractive opportunity for traditional or short-term rental strategies, subject to applicable laws and regulations. Conveniently located near major employment, entertainment, transportation, and lifestyle destinations throughout Los Angeles. Lower-level area has been converted for use as an ADU. Buyer and buyer's agent are advised to independently verify permits, Certificate of Occupancy, legal use, unit count, square footage, rental regulations, STR eligibility, and all other property information with the appropriate governmental authorities.
Location
2336 S Longwood
Los Angeles, Los Angeles, CA, 90016