Est. cap rate

5.3%

Assumed rent, all units

$7,480/mo

Units

4

Price per unit

$212,500

Est. annual NOI

$44,880

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

2,514 sqft

Lot size

4,056 sqft

Year built

1954

Stories

2

Garage spaces

4

Pool

None

View

None

Status

Active

Days on market

34

MLS #

247123913

About this property

Excellent income-producing quadplex ideal for investors or owner-occupants. This well-maintained property offers strong returns with a 8.5% cap rate and an 10.6 GRM, located in a city with no local rent control: over $6500 monthly rental income and potential for much more. The desirable unit mix includes two 2-bedroom/1-bath units and two 1-bedroom/1-bath units. Several units feature upgrades such as dual-pane windows, electrical subpanels, interior paint, updated water heaters, and renovated kitchens and bathrooms. Major improvements include a new sewer line to the street, providing added value and peace of mind. Solid cash flow with minimal deferred maintenance makes this a strong long-term investment.

Location

904 S Bullis Road

Compton, Los Angeles, CA, 90221