Est. cap rate

4.5%

Assumed rent, all units

$8,240/mo

Units

4

Price per unit

$272,500

Est. annual NOI

$49,440

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

3,300 sqft

Lot size

6,001 sqft

Year built

1955

Stories

2

Garage spaces

4

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

14

MLS #

247135883

About this property

Excellent Four-Unit Investment Opportunity in Sun Valley, Bordering North Hollywood Offering an excellent opportunity for investors and owner-users, this well-positioned four-unit multifamily property is ideally located in Sun Valley, bordering North Hollywood. The property features four spacious 2-bedroom, 1-bathroom units, making it an attractive asset with desirable unit sizes and strong rental appeal. The building is well maintained and recently updated, including fresh exterior and interior improvements and dual-pane windows that enhance energy efficiency and overall tenant comfort. Each unit is individually metered for gas and electricity, while the owner pays for water, helping provide greater control over operating expenses. Additional property features include a detached four-car covered garage, providing valuable off-street parking, and a common-area laundry facility for tenant convenience. With desirable 2-bedroom units, separate utility metering, covered garage parking, laundry facilities, and recent improvements, this property represents an excellent opportunity to acquire a solid income-producing multifamily asset in the San Fernando Valley.

Location

11153 Sherman

Los Angeles, Los Angeles, CA, 91352