Deal numbers
- Est. cap rate
- 4.5%
- Assumed rent, all units
- $8,600/mo
- Units
- 4
- Price per unit
- $287,500
- Est. annual NOI
- $51,600
- 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
- $98,040
- Operating expenses
- $49,020
- Net operating income
- $49,020
- Annual debt service
- $68,859
- Annual cash flow
- -$19,839
- Cash on cash return
- -6.9%
- Down payment
- $287,500
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
- Quadruplex
- Bedrooms
- 8
- Bathrooms
- 4
- Building size
- 2,988 sqft
- Lot size
- 5,087 sqft
- Year built
- 1965
- Stories
- 2
- Garage spaces
- 0
- Heating
- Wall Furnace
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 45
- MLS #
- 246705179
About this property
Excellent opportunity to own a four-unit property in Los Angeles! This investment property features four spacious 2-bedroom, 1-bathroom units, each equipped with a stackable washer and dryer, stove, microwave, and refrigerator. The property offers gated rear parking with four uncovered parking spaces and convenient access to schools, shopping, public transportation, and major freeways. All four units are currently tenant-occupied, offering an opportunity for investors seeking an income-producing property with potential for future improvements and rental growth. Buyer to independently verify square footage, permits, zoning, and other property-specific information.
Location
338 E 99th
Los Angeles, Los Angeles, CA, 90003