Est. cap rate

4.0%

Assumed rent, all units

$5,250/mo

Units

3

Price per unit

$261,667

Est. annual NOI

$31,500

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

Triplex

Bedrooms

5

Bathrooms

3

Building size

2,278 sqft

Lot size

6,345 sqft

Year built

1914

Stories

1

Garage spaces

0

Cooling

See Remarks

Pool

None

View

See Remarks

Status

Active

Days on market

16

MLS #

247447224

About this property

OWNER UNIT WITH TWO ADDITIONAL UNITS — OFFERED - Approximately 2,278 sq. ft. on a 6,345 sq. ft. lot in West City Terrace/North Boyle Heights. Reported configurations: 507: 4 beds/2 baths; 507¼: 1 bed/1 bath; 507½: 2 beds/1 bath. Unit status, room counts, and permitted uses require verification with City Planning and applicable city departments. Being sold in AS-IS Condition. The Proposed Improvements, optional repairs, and upgrades are available at an additional cost and are not included in the purchase price. Financing may be available, subject to qualifications and lending requirements. Convenient access to Downtown Los Angeles, employment centers, shopping, and transportation. Nearby advertised rents range from approximately $1,750–$2,300 monthly for one-bedroom units and $3,200–$3,650 for three-bedroom homes. These are market references, not current property income or guaranteed rents.

Location

507 S GRANDE VISTA Avenue

Los Angeles, Los Angeles, CA, 90063