
Deal numbers
- Est. cap rate
- 3.3%
- Assumed rent, all units
- $5,160/mo
- Units
- 3
- Price per unit
- $316,296
- Est. annual NOI
- $30,960
- 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
- $58,824
- Operating expenses
- $29,412
- Net operating income
- $29,412
- Annual debt service
- $56,817
- Annual cash flow
- -$27,405
- Cash on cash return
- -11.6%
- Down payment
- $237,222
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
- 5
- Bathrooms
- 3
- Building size
- 1,708 sqft
- Lot size
- 6,002 sqft
- Year built
- 1922
- Stories
- 1
- Garage spaces
- 0
- Cooling
- Central Air
- Pool
- None
- View
- Mountain(s),City Lights
- Status
- Active
- Days on market
- 4
- MLS #
- 247146054
About this property
Absolutely stunning fully remodeled triplex in the heart of Lincoln Heights, offering breathtaking city light and mountain views! This beautifully upgraded property features three distinct units, each thoughtfully designed for comfort and functionality. 1st Level – 527 Clifton St: 1 bed / 1 bath with a private 8x8 storage space adjacent to the unit. 2nd Level – 525 Clifton St: Spacious 3 bed / 1 bath unit featuring a cozy fireplace, in-unit laundry hookups, and plenty of living space for families. 3rd Level – 525 ½ Clifton St: This unit features 1 bedroom and 1 bathroom, plus a separate office room for work or study. There is also a large hallway closet adjacent to the office that could easily be converted into an additional bedroom or bonus room, offering flexible living options. There is a private 8x8 storage space adjacent to this unit. Each unit has been fully remodeled with modern finishes, maximizing both style and functionality. The property’s prime location provides easy access to downtown Los Angeles, Echo Park, and Highland Park, while enjoying serene mountain and city vistas. Perfect for investors seeking premium rental income or owner-occupants looking for additional units, this triplex combines style, convenience, and location in one exceptional package. Don’t miss the opportunity to own this move-in ready, view-filled gem in one of LA’s most desirable neighborhoods! *Photos are virtual staging*
Location
525 Clifton
Los Angeles, Los Angeles, CA, 90031