Est. cap rate

3.9%

Assumed rent, all units

$9,200/mo

Units

4

Price per unit

$349,975

Est. annual NOI

$55,200

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

2,824 sqft

Lot size

7,663 sqft

Year built

1938

Stories

2

Garage spaces

4

Pool

None

Status

Active

Days on market

3

MLS #

247299572

About this property

Quadplex!! Best investment Opportunity in Alhambra. It is perfect for owner to live in one unit and rent out 3 units to make stable income. This multi-family residential property is situated at the corner of Almansor Street and East Commonwealth. The property is located within the Alhambra Unified School District and sits in a highly walkable, convenient pocket of Alhambra. Just one block away from the sprawling Alhambra Park, Almansor Golf Course, and the local YMCA. Within easy walking distance to the active shopping, dining, and commercial strip on Main Street, as well as local markets, banks, and a 24 Hour Fitness. Has 4 separate gas and electric meters. Driver by only. Don't disturb tenants. submit offer before it gone. Offer subject to inside inspection.

Location

224 S Almansor

Alhambra, Los Angeles, CA, 91801