Deal numbers
- Est. cap rate
- 3.8%
- Assumed rent, all units
- $6,990/mo
- Units
- 3
- Price per unit
- $366,667
- Est. annual NOI
- $41,940
- 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
- $79,686
- Operating expenses
- $39,843
- Net operating income
- $39,843
- Annual debt service
- $65,865
- Annual cash flow
- -$26,022
- Cash on cash return
- -9.5%
- Down payment
- $275,000
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
- 3
- Building size
- 2,550 sqft
- Lot size
- 51,815 sqft
- Year built
- 1930
- Stories
- 2
- Garage spaces
- 3
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- Mountain(s)
- Status
- Active
- Days on market
- 5
- MLS #
- 247510050
About this property
Unique Multi-Unit Investment Opportunity on Approximately 1.04 Acres! Welcome to 10058 Sunland Blvd, a versatile property offering multiple living spaces and excellent income potential. The property features a spacious 3-bedroom, 2-bath rear residence with three garages, providing potential opportunity for an ADU conversion or additional use, potential rent $3500/ month . A lower portion of the property offers an additional 2-bedroom, 1-bath living area that rent $2450 month A separate unit features 2 bedrooms and 1.5 baths, rent $2350 month creating additional flexibility for rental income, extended family, or multi-generational living. Property improvements include a newer sewer line, newer water line, and upgraded air conditioning. Situated on an expansive approximately 1.04-acre lot, this property offers tremendous possibilities for an investor, owner-user, or multi-generational household. Live in one unit and rent the others, or explore the potential for multiple income streams and future ADU opportunities. A rare combination of land, multiple living spaces, garage capacity, and investment potential!
Location
10058 Sunland
Sunland, Los Angeles, CA, 91040