Est. cap rate

3.6%

Assumed rent, all units

$5,700/mo

Units

3

Price per unit

$319,667

Est. annual NOI

$34,200

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

2,398 sqft

Lot size

6,090 sqft

Year built

1924

Stories

1

Garage spaces

2

Style

Craftsman

Heating

Wall Furnace

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

6

MLS #

247662796

About this property

**Excellent Triplex Investment Opportunity in Central Los Angeles** Well-positioned **three-unit residential income property** offering an attractive opportunity for investors, owner-occupants, or multi-generational living. The property consists of **three 2-bedroom, 1-bathroom units**, providing a desirable and functional unit mix. The **two front units are attached**, while the **third unit is detached**, offering additional separation and privacy. This configuration provides flexibility for an owner-user looking to offset housing expenses with rental income or an investor seeking a multi-unit property with long-term income potential. Centrally located with convenient access to **shopping, dining, schools, public transportation, and major Los Angeles thoroughfares**. A solid opportunity to acquire a **three-unit income-producing property in the Los Angeles market**, with each residence offering two bedrooms and one bathroom.

Location

5151 3rd

Los Angeles, Los Angeles, CA, 90043