Est. cap rate

3.0%

Assumed rent, all units

$6,330/mo

Units

3

Price per unit

$416,667

Est. annual NOI

$37,980

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

3

Building size

2,615 sqft

Lot size

8,579 sqft

Year built

1945

Stories

2

Garage spaces

4

Heating

Wall Furnace,Central

Cooling

Central Air,Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

11

MLS #

247541078

About this property

Prime tenant-occupied Monterey Park triplex! Perfect for savvy investors seeking steady holding income and future revenue optimization. The front building features two single-story units (2BD/1BA each), both offering a spacious living/dining combo and a good-sized kitchen. Positioned alongside is a custom upper-level 2BD/1.5BA unit set above the parking area, featuring vaulted ceilings, a large kitchen, dedicated dining area, spacious living room, and a private enclosed upstairs patio. All units feature dual entrances. Amenities include a central courtyard, shared laundry, two 1-car garages, a 2-car garage, and carport parking. Enjoy close proximity to DTLA, shopping, schools, and freeways. Outstanding long-term investment opportunity!

Location

2442 Sherbrook

Monterey Park, Los Angeles, CA, 91754