Est. cap rate

3.7%

Assumed rent, all units

$7,320/mo

Units

4

Price per unit

$300,000

Est. annual NOI

$43,920

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.

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

3,170 sqft

Lot size

9,507 sqft

Year built

1926

Stories

1

Garage spaces

4

Pool

None

Status

Active

Days on market

4

MLS #

247112062

About this property

Unit 1 - Owner Unit:* 3-bed, 2.5-bath - fully remodeled. New hardwood floors, remodeled kitchen, new fridge/freezer, fresh paint, W/D in-unit, new water heater + new plumbing, custom primary en-suite bathroom. *Units 2, 3, 4:* Three 2-bed, 1-bath rental units. One was updated in 2025 *ADU / Expansion Upside:* Huge lot = ADU goldmine under CA law. 1. *Convert existing* detached 4-car garage to ADU right away - 0-ft setback allowed if you keep same footprint. 2. *Expand / Build New* - Can build up to 1,200 sq ft per ADU, and because it's already 4 units, state law allows up to *4 detached ADUs*. 3. *Fast approval* - By-right, ministerial approval - city must approve in 60 days, no hearings or neighbor votes needed. In short: Turnkey 4-plex with one luxury owners unit, 4 rent-payers + legal path to add 4 more ADUs.

Location

1110 W. 92ND Street

Los Angeles, Los Angeles, CA, 90044