Est. cap rate

2.8%

Assumed rent, all units

$7,380/mo

Units

3

Price per unit

$533,333

Est. annual NOI

$44,280

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

6

Bathrooms

3

Building size

3,451 sqft

Lot size

15,083 sqft

Year built

1947

Stories

2

Garage spaces

2

Cooling

None

Pool

None

View

Neighborhood

Status

Active

Days on market

27

MLS #

246518632

About this property

"Seller Financing Available" Excellent investment opportunity or owner-user opportunity in the heart of El Monte! This triplex sits on a large 15,083 sq ft lot and is ideally situated with easy access to major freeways, schools, City Hall, police station, post office, Metro station, etc. The property features a 2 bed / 1 bath front unit ideal for an owner-occupant or generating market-rate, a 3 bed / 2 bath unit, and a 4 bed / 1 bath unit in the rear. There is also a detached garage with strong ADU potential, along with ample driveway space to accommodate multiple vehicles, perfect for maximizing income or live in one unit and rent the others.

Location

3335 California Ave

El Monte, Los Angeles, CA, 91731