Deal numbers
- Est. cap rate
- 3.6%
- Assumed rent, all units
- $9,080/mo
- Units
- 4
- Price per unit
- $373,750
- 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
- $89,516
- Annual cash flow
- -$37,760
- Cash on cash return
- -10.1%
- Down payment
- $373,750
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
- 2,877 sqft
- Lot size
- 7,066 sqft
- Year built
- 1951
- Stories
- 1
- Garage spaces
- 0
- Heating
- Ductless,Central
- Cooling
- Central Air,Ductless
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 29
- MLS #
- 247362501
About this property
Welcome to this prime fourplex in the heart of North Hollywood, just minutes from NOHO West and Burbank Airport’s $1.3 billion upgrade completed October 2026. Huge potential upside. With one of the 2 bedroom units delivered vacant, the property includes four units: two 2-bed, 1-bath units, and two 1-bedroom 1-bath units. Each unit has a private separate entrance, private outdoor space, and in-unit washer/dryer. Separate electric and gas meters, and energy-efficient double pane windows and doors. Ideally located close to New York Film Academy, Woodbury University, Musician’s Institute, Burbank Airport, NOHO’s bustling Shopping Center, and with easy access to the 101, 170, and 5 freeways, this property offers the best of valley living.
Location
6153 Clybourn Avenue
North Hollywood, Los Angeles, CA, 91606