Est. cap rate

4.9%

Assumed rent, all units

$8,240/mo

Units

4

Price per unit

$250,000

Est. annual NOI

$49,440

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

3,150 sqft

Lot size

12,374 sqft

Year built

1944

Stories

1

Garage spaces

0

Style

Custom Built

Pool

None

View

Neighborhood

Status

Active

Days on market

2

MLS #

246862393

About this property

Brilliant 4-unit income producing property with room to build. Nestled in a residential neighborhood, this asset offers manageable scale for both hands-on and passive investors. Separate meters on the majority of utilities, long-term tenants, and a neighborhood that has quietly produced reliable occupancy for decades - offers a proven income stream in a fruitful San Fernando Valley submarket. Its Sun Valley location offers ease of freeway access, proximity to Burbank, and De Garmo Park nearby. Garage remains offer a canvas for additional ADU’s bringing additional collection of rent, or parking.

Location

8100 De Garmo

Los Angeles, Los Angeles, CA, 91352