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Triplex at 1272 Queen Anne
$994,999
1272 Queen Anne
Los Angeles, Los Angeles, 90019
Triplex · 3 units
Active · 33 days on market

Deal numbers

Est. cap rate
4.2%
Assumed rent, all units
$6,930/mo
Units
3
Price per unit
$331,666
Est. annual NOI
$41,580
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.

5.0%
50%
25%
7.00%
Effective gross income
$79,002
Operating expenses
$39,501
Net operating income
$39,501
Annual debt service
$59,578
Annual cash flow
-$20,077
Cash on cash return
-8.1%
Down payment
$248,750

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
2,798 sqft
Lot size
6,278 sqft
Year built
1952
Stories
2
Garage spaces
2
Pool
None
Status
Active
Days on market
33
MLS #
246519138

About this property

AMAZING LOCATION! A unique opportunity for an owner-user seeking multiple private living spaces under one ownership. The property consists of three separate units totaling 5 bedrooms and 3 bathrooms, situated on an approximately 6,278 SF lot in the heart of Los Angeles. Zoned LARD1.5 and located within a TOC Tier 3 area, the property also offers additional long-term potential for buyers looking to improve or reposition the property. Conveniently located near shopping, dining, major employment centers, and some of Los Angeles’ most desirable neighborhoods. Easy to show — have your agent schedule a private tour today.

Location

1272 Queen Anne

Los Angeles, Los Angeles, CA, 90019

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1272 Queen Anne, Los Angeles CA | Multifamily for Sale