Deal numbers
- Est. cap rate
- 3.4%
- Assumed rent, all units
- $7,320/mo
- Units
- 4
- Price per unit
- $325,000
- 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.
- Effective gross income
- $83,448
- Operating expenses
- $41,724
- Net operating income
- $41,724
- Annual debt service
- $77,840
- Annual cash flow
- -$36,116
- Cash on cash return
- -11.1%
- Down payment
- $325,000
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
- 7
- Bathrooms
- 5
- Building size
- 3,144 sqft
- Lot size
- 9,304 sqft
- Year built
- 1923
- Stories
- 1
- Garage spaces
- 0
- Cooling
- See Remarks
- Pool
- None
- View
- City Lights
- Status
- Active
- Days on market
- 36
- MLS #
- 247145273
About this property
Excellent opportunity to acquire a 5-unit, 7-bedroom multifamily investment property in Los Angeles, situated on a 9,304 sq. ft. lot with three separate buildings. The property features a desirable unit mix, on-site parking for five vehicles, and recent improvements, including new flooring throughout and updated cabinetry in two units. Convenient access to major roadways enhances its appeal to tenants. Whether expanding an existing portfolio or purchasing your first income-producing property, this offering presents an opportunity for long-term ownership in the Los Angeles rental market.
Location
823 W 81st
Los Angeles, Los Angeles, CA, 90044