Est. cap rate

4.1%

Assumed rent, all units

$5,400/mo

Units

3

Price per unit

$266,333

Est. annual NOI

$32,400

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

1,576 sqft

Lot size

4,570 sqft

Year built

1924

Stories

1

Garage spaces

0

Style

Traditional

Heating

Wall Furnace

Cooling

None

Pool

None

View

City Lights

Status

Active

Days on market

51

MLS #

246503636

About this property

Live in This Stunning, Fully Remodeled Los Angeles 3 Unit Property with Separate Meters where 2 Units are VACANT!!! Move into a gorgeous, completely vacant 3-bedroom, 2-bathroom main home featuring a bright and modern open-concept layout that is fully remodeled and move-in ready. With Private Parking available, this rare 3-unit property offers the ultimate dream for a future homeowner: you can live comfortably in the main house while using the other two units to pay your mortgage. With a vacant remodeled studio unit featuring its own kitchen and bathroom ready for immediate market rent, plus a third income-generating unit already in place, this property allows you to offset your living expenses significantly while building long-term wealth in a central LA location.

Location

1223 E 35th

Los Angeles, Los Angeles, CA, 90011