Est. cap rate

4.5%

Assumed rent, all units

$7,800/mo

Units

4

Price per unit

$262,500

Est. annual NOI

$46,800

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

2,880 sqft

Lot size

5,098 sqft

Year built

1958

Stories

2

Garage spaces

4

Pool

None

Status

Active

Days on market

44

MLS #

247539938

About this property

BACK ON ACTIVE MARKET. 7701 Walker Ave presents the opportunity to acquire a four unit (8BD/4BA) multifamily asset in the supply constrained Southeast Los Angeles submarket. Held by the same ownership since 2003, the property has benefited from long-term stewardship and recent capital improvements, including a new roof and new parking concrete floor, minimizing near-term capital requirements. Offering immediate cash flow, the asset is priced at a 6.49% cap rate and 11.33 GRM on current numbers. The property consists of four two-bedroom, one bath units, providing investors with stable in-place income and a unit mix well-aligned with the area's renter market. Situated on a corner lot along a cul-de-sac street, the asset offers an attractive residential setting complemented by on-site carport parking for tenants. Located in Cudahy, the second most densely populated city in California, 7701 Walker Ave benefits from strong underlying housing fundamentals and high barriers to new supply. The offering presents investors with the opportunity to acquire a proven cash-flowing asset supported by long-term ownership, recent improvements, and durable demand drivers. City rent control in place.

Location

7701 Walker

Cudahy, Los Angeles, CA, 90201