Deal numbers
- Est. cap rate
- 5.7%
- Assumed rent, all units
- $9,080/mo
- Units
- 4
- Price per unit
- $237,500
- Est. annual NOI
- $54,480
- 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
- $103,512
- Operating expenses
- $51,756
- Net operating income
- $51,756
- Annual debt service
- $56,883
- Annual cash flow
- -$5,127
- Cash on cash return
- -2.2%
- Down payment
- $237,500
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
- 2,340 sqft
- Lot size
- 7,000 sqft
- Year built
- 1942
- Stories
- 1
- Garage spaces
- 4
- Heating
- Floor Furnace
- Cooling
- None
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 247328931
About this property
Bungalow-style fourplex in Valley Glen featuring four one-bedroom, one-bath residences and four detached one-car garages. The 1942 property contains approximately 2,340 square feet on an approximately 7,000-square-foot LAR3 lot. Convenient access to the NoHo Arts District, Metro service, shopping, dining and major employment centers. Current income with meaningful rent growth potential. Buyer to verify all information and conduct independent due diligence. Potential ADU / Garage conversion
Location
11418 Victory Boulevard
Valley Glen, Los Angeles, CA, 91606