Est. cap rate

2.3%

Assumed rent, all units

$7,720/mo

Units

4

Price per unit

$500,000

Est. annual NOI

$46,320

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

5,640 sqft

Lot size

6,699 sqft

Year built

1922

Stories

2

Garage spaces

5

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

8

MLS #

247383980

About this property

Do Not Disturb Occupants. Drive-by only. Exceptional investment opportunity featuring a 2023-built triplex plus ADU with four total units, fully occupied by long-term tenants and generating approximately $197,028 in annual gross scheduled rents. Priced right with a potential 7%+ cap rate, depending on operating expenses. The property includes three spacious five-bedroom residences, each with multiple bathrooms, private living areas, and garage parking, plus a separate studio ADU. All four units feature separately metered electric, gas, and water, with tenants responsible for their individual utilities. Solar and drought-conscious landscaping further enhance the property’s efficiency and reduce ongoing ownership costs. Located in South Los Angeles, the property is approximately 3.5 miles from SoFi Stadium and Kia Forum, 4 miles from USC and BMO Stadium, 8 miles from Downtown Los Angeles, and 10 miles from LAX, with convenient access to the 110, 105, 10, and 405 freeways.

Location

1417 W 84th

Los Angeles, Los Angeles, CA, 90047