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Triplex at 1930 W Manchester
$699,999
1930 W Manchester
Los Angeles, Los Angeles, 90047
Triplex · 3 units
Active · 25 days on market

Deal numbers

Est. cap rate
5.0%
Assumed rent, all units
$5,790/mo
Units
3
Price per unit
$233,333
Est. annual NOI
$34,740
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
$66,006
Operating expenses
$33,003
Net operating income
$33,003
Annual debt service
$41,914
Annual cash flow
-$8,911
Cash on cash return
-5.1%
Down payment
$175,000

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
1,920 sqft
Lot size
5,171 sqft
Year built
1943
Stories
1
Garage spaces
0
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
Pool
None
View
None
Status
Active
Days on market
25
MLS #
246585716

About this property

Exceptional Investment opportuniy featuring 3 detached residenses on on e lot )1930, 1932 and 11934) in South Los Angeles near the Inglewood border. All three units offer 2 bedroom, with no shared walls, providing increased privacy and a true single-family feel. The property has benefited from recent improvements, paint, updates. All units on a month to month term. Additional features include separate meters, a gated fenced lot, rear alley access, and four parking spaces for convenience and security. Situated near major entertainment and sports destinations including Kia Forum, SoFi Stadium, Intuit Dome, and Hollywood Park Casino, with convenient access to shopping parks, schools, public transportation, and major freeways. A compelling opportunity for investors seeking an income-producing property with long-term potentioal and

Location

1930 W Manchester

Los Angeles, Los Angeles, CA, 90047

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1930 W Manchester, Los Angeles CA | Multifamily for Sale