Est. cap rate

4.3%

Assumed rent, all units

$9,240/mo

Units

4

Price per unit

$324,500

Est. annual NOI

$55,440

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

4,588 sqft

Lot size

7,502 sqft

Year built

1911

Stories

2

Garage spaces

4

Pool

None

Status

Active

Days on market

3

MLS #

247023090

About this property

PRIME LOCATION, ARLINGTON HEIGHTS NEIGHBORHOOD OF LOS ANGELES. "Excellent Investment opportunity to acquire a fully occupied, turnkey 4-unit apartment building generating immediate, stable rental income." The perfect opportunity for savvy Investors, seeking strong income generation. Located in a desirable centrally area with quick access to the freeways, major transit corridors and filled with trendy dining, coffee, shops and retail. It's a fully enclosed property equipped with a secure Security Gate for controlled access and peace of mind. Newer large-size windows throughout to maximize natural light. Oversized units' layout Four expansive 1-bed, 1-bath units providing a rare amount of living space totaling 4,588sq near 1,150 square feet per unit, making them highly competitive and attractive to premium renters. Exclusive Parking Capacity featuring 4 Detached Garages plus 4 Concrete Parking Spaces in the back yard.

Location

1528 2nd Avenue

Los Angeles, Los Angeles, CA, 90019