Est. cap rate

4.0%

Assumed rent, all units

$9,240/mo

Units

4

Price per unit

$350,000

Est. annual NOI

$55,440

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

2,304 sqft

Lot size

7,763 sqft

Year built

1921

Stories

1

Garage spaces

0

Style

Bungalow

Heating

Wall Furnace

Cooling

Wall/Window Unit(s),ENERGY STAR Qualified Equipment

Pool

None

View

City Lights,Neighborhood

Status

Active

Days on market

14

MLS #

247354777

About this property

Excellent multifamily investment opportunity in Los Angeles! Welcome to 2111 Aaron St, a well-maintained gated four-unit property offering a great combination of pride of ownership, functionality, and long-term investment potential. The property consists of four 1-bedroom, 1-bath units, each featuring an additional bonus room that provides valuable flexible space for a home office, den, storage, or other potential uses. One unit has been fully renovated with updated finishes, while the remaining three units are in very good, well-maintained condition and offer an opportunity for future updating and value enhancement. Each unit is separately metered for gas and electricity, providing added convenience for ownership and tenants. The gated property also features a shared outdoor green area, creating an inviting communal space for residents to enjoy. The entire property has been carefully maintained and reflects consistent pride of ownership. With its gated setting, functional unit layouts, additional bonus spaces, individual gas and electric meters, and attractive common outdoor area, this property offers a compelling opportunity for an investor looking to add a quality four-unit asset to their portfolio. Conveniently located in the 90026 area of Los Angeles with access to shopping, dining, entertainment, employment centers, and major transportation routes. Buyer and buyer's agent to independently verify all information, including square footage, unit configuration, bonus-room use, permits, zoning, utilities, rents, expenses, and all other property information.

Location

2111 Aaron Street

Los Angeles, Los Angeles, CA, 90026