Est. cap rate

3.6%

Assumed rent, all units

$6,880/mo

Units

4

Price per unit

$287,500

Est. annual NOI

$41,280

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

Quadruplex

Bedrooms

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 #

246707105

About this property

Excellent investment opportunity to acquire a four-unit income-producing property in Los Angeles! The property consists of four 2-bedroom, 1-bathroom units, each featuring a stackable washer and dryer, stove, microwave, and refrigerator. Additional features include gated rear parking with four uncovered parking spaces. All four units are currently tenant-occupied, providing an established rental income stream with potential for future improvements and long-term investment growth. Conveniently located near schools, shopping, public transportation, and major freeways. Property is subject to Los Angeles Rent Stabilization Ordinance (RSO) regulations. Buyer to independently verify square footage, permits, zoning, and other property-specific information.

Location

338 E 99th

Los Angeles, Los Angeles, CA, 90003