Est. cap rate

3.3%

Assumed rent, all units

$7,650/mo

Units

3

Price per unit

$466,667

Est. annual NOI

$45,900

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

Triplex

Bedrooms

3

Building size

2,923 sqft

Lot size

8,371 sqft

Year built

1932

Stories

1

Garage spaces

2

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

25

MLS #

247040820

About this property

EXCEPTIONAL GLENDALE TRIPLEX OPPORTUNITY! This well-positioned property offers a desirable three-unit configuration, featuring a spacious front residence with 3 bedrooms and 2 bathrooms, complemented by two additional units, each offering 2 bedrooms and 1 bathroom. The main residence features copper plumbing. This triplex presents an excellent opportunity for an investor or owner-user seeking versatility and long-term potential. With its attractive multi-unit layout and sought-after Glendale location, this property offers the opportunity to enhance and personalize while enjoying the benefits of a multi-unit property. Conveniently located near shopping, dining, transportation, and a variety of Glendale amenities. Buyers are encouraged to conduct their own due diligence regarding property condition, rental information, permits, zoning, and all aspects of the property.

Location

408 Raymond

Glendale, Los Angeles, CA, 91201