Est. cap rate

3.5%

Assumed rent, all units

$5,820/mo

Units

3

Price per unit

$329,967

Est. annual NOI

$34,920

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.

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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

Triplex

Bedrooms

3

Building size

3,032 sqft

Lot size

6,876 sqft

Year built

1964

Stories

2

Garage spaces

1

Heating

Forced Air

Cooling

None

Pool

None

View

City Lights,Neighborhood

Status

Active

Days on market

40

MLS #

246825988

About this property

TRIPLEX Steps from Machado Lake and centrally located to Harbor College this well-maintained triplex offers an excellent opportunity for a first-time homebuyer to occupy one unit and rent the other two. With $4,055 monthly rental income towards your mortgage. Recent improvements include vinyl windows in the lower units installed in 2025, a newer roof completed in 2020, fresh exterior paint and termite treatment in 2025, copper plumbing, low-maintenance landscaping, and two single-car garages. Vacant Unit #1 is a spacious two-bedroom residence with stainless-steel appliances, a washer and dryer, direct access to a one-car garage, and move-in-ready interiors suited to a growing household. Attached Unit #3 income $1250/month is a studio with a kitchenette and has its own private entrance. This unit may also function as an additional bedroom & bathroom making Unit #1 a 3 Bed 2 Bath. Upstairs, Unit #2 offers apx 1,900 est square feet of living space 3 Bedrooms & 2 bathrooms. Sliding doors that access to an approximately 500 est-square-foot private covered patio with neighborhood views. City states a additional duplex can be added onto the property. Foto rendering. 3Bedroom Tenant pays on time at $2805.44/month. Buyer to verify accuracy of information of square footage, city zoning, rent stabilization.

Location

1467 W I Street

Wilmington, Los Angeles, CA, 90744