Deal numbers
- Est. cap rate
- 5.5%
- Assumed rent, all units
- $6,840/mo
- Units
- 3
- Price per unit
- $249,933
- Est. annual NOI
- $41,040
- 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
- $77,976
- Operating expenses
- $38,988
- Net operating income
- $38,988
- Annual debt service
- $44,896
- Annual cash flow
- -$5,908
- Cash on cash return
- -3.2%
- Down payment
- $187,450
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
- 7
- Bathrooms
- 4
- Building size
- 3,590 sqft
- Lot size
- 5,600 sqft
- Year built
- 1947
- Stories
- 2
- Garage spaces
- 1
- Cooling
- None
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 4
- MLS #
- 246799081
About this property
Prime Triplex Opportunity! Unlock maximum financial and living potential with this exceptional 3-unit residential property located at 828 W 73rd St in the high-demand Vermont Knolls neighborhood of South Los Angeles. Offering an incredibly rare blank slate, all three units will be delivered 100% vacant at the close of escrow, allowing you to bypass tenant relocation complexities, avoid rent-control traps, and choose your own tenants from day one. The versatile unit mix features one spacious 3-bedroom, 1.5-bathroom unit, one 3-bedroom, 1-bathroom unit, and one 1-bedroom, 1-bathroom unit, making it an absolute dream for multigenerational families looking to live together while maintaining individual privacy, large families, or premium renters. This asset is a cash-flow powerhouse with a projected pro forma gross annual income of $87,600 at full market rent. Positioned perfectly just west of the I-110 freeway, the property guarantees effortless commutes to Downtown Los Angeles, USC, and the booming entertainment hubs in nearby Inglewood (SoFi Stadium, Intuit Dome). Whether you want to drive maximum cap rates instantly, execute the ultimate house hack by living in one large unit while the other two pay your mortgage, or establish a perfect multigenerational compound, this clean-slate triplex is ready for immediate optimization.
Location
828 W 73rd Street
Los Angeles, Los Angeles, CA, 90044