Deal numbers
- Est. cap rate
- 5.6%
- Assumed rent, all units
- $7,120/mo
- Units
- 4
- Price per unit
- $192,250
- Est. annual NOI
- $42,720
- 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
- $81,168
- Operating expenses
- $40,584
- Net operating income
- $40,584
- Annual debt service
- $46,046
- Annual cash flow
- -$5,462
- Cash on cash return
- -2.8%
- Down payment
- $192,250
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
- 6
- Bathrooms
- 4
- Building size
- 1,780 sqft
- Lot size
- 3,430 sqft
- Year built
- 1930
- Stories
- 1
- Garage spaces
- 0
- Style
- Bungalow
- Heating
- Natural Gas,Gravity
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 247344234
About this property
Exceptional four-unit investment opportunity in Los Angeles offering immediate income and strong rental upside. The property features an attractive unit mix of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, ideal for maximizing rental demand and long-term appreciation. Unit 9538 is a fully renovated 2-bedroom, 1-bath unit with dedicated parking. Unit 9542 is the second 2-bedroom unit, in solid condition, providing additional lease-up flexibility and strong income upside. Unit 9542 1/2 is a 1-bedroom, 1-bath unit has been fully renovated and is currently leased at market rent, offering stabilized income. Unit 9540, the remaining 1-bedroom unit is occupied by a long-term legacy tenant of over 10 years at below-market rent, presenting clear future rental growth potential. This asset presents multiple investment strategies: • Renovate and reposition units to maximize returns • Long-term hold with rent growth and appreciation With renovated interiors, a desirable bedroom mix, parking, this is a rare opportunity to acquire a flexible, income-producing property with both immediate revenue and value-add upside in a strong Los Angeles rental market. Excellent opportunity for investors, 1031 exchange buyers, or house hackers seeking both cash flow and long-term equity growth.
Location
9538 Compton Avenue
Los Angeles, Los Angeles, CA, 90002