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Quadruplex at 4103 S Normandie Avenue
$3,288,000
4103 S Normandie Avenue
Los Angeles, Los Angeles, 90037
Quadruplex · 4 units
Active · 40 days on market

Deal numbers

Est. cap rate
1.3%
Assumed rent, all units
$7,200/mo
Units
4
Price per unit
$822,000
Est. annual NOI
$43,200
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.

5.0%
50%
25%
7.00%
Effective gross income
$82,080
Operating expenses
$41,040
Net operating income
$41,040
Annual debt service
$196,876
Annual cash flow
-$155,836
Cash on cash return
-19.0%
Down payment
$822,000

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
7,316 sqft
Lot size
6,952 sqft
Year built
2019
Stories
3
Garage spaces
4
Style
Modern,Contemporary
Heating
Central
Cooling
Central Air
Pool
None
View
Neighborhood
Status
Active
Days on market
40
MLS #
246980059

About this property

Great Investment Property!!! Remodeled townhouse style Quadruplex with two separated buildings built in 2019 and Located in Southwest Los Angeles. It features total living area of 7,316 sqft with a total of 22 bedrooms and 22 bathrooms. The front building with duplex (unit 4103 & unit 4103 1/2), Each unit features living area of 1,452 with 4 bedrooms & 4 bathrooms, two car tandem parking garage. The rear building with duplex (unit 4105 & unit 4105 1/2), Each unit features living area of 2,206 sqft with 7 bedrooms & 7 bathrooms, two car tandem uncovered parking spaces. Each unit with its own indoor laundry hook-up, Separate water, electricity and gas meters, Central HVAC. Open floor plan with vinyl laminate wood and tile flooring, quartz countertops in kitchen. Many upgrades including New interior paint throughout, New paint cabinets with New oven were installed in all kitchens. Convenient location close to USC, community parks, shopping, restaurants, banks, schools, Downtown Los Angeles and the Metro E Line. Short distance access to 110 & 10 freeways.

Location

4103 S Normandie Avenue

Los Angeles, Los Angeles, CA, 90037

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

4103 S Normandie Ave, Los Angeles CA | Multifamily for Sale