Deal numbers
- Est. cap rate
- 2.2%
- Assumed rent, all units
- $9,280/mo
- Units
- 4
- Price per unit
- $624,500
- Est. annual NOI
- $55,680
- 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
- $105,792
- Operating expenses
- $52,896
- Net operating income
- $52,896
- Annual debt service
- $149,573
- Annual cash flow
- -$96,677
- Cash on cash return
- -15.5%
- Down payment
- $624,500
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
- 3,648 sqft
- Lot size
- 5,786 sqft
- Year built
- 2025
- Stories
- 2
- Garage spaces
- 0
- Style
- Modern
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- City Lights,Neighborhood
- Status
- Active
- Days on market
- 12
- MLS #
- 247672472
About this property
Welcome to 414 S Avenue 56, a newly constructed 2025 quadplex where modern design meets unbeatable Highland Park location. Every unit is built with the finest modern finishes, quartz countertops, wide-plank flooring, designer lighting, and spa-inspired baths. Both buildings have a shared swanky rooftop deck, a rare feature that turns ordinary square footage into endless possibilities, whether it's sunset cocktails, a home office in the open air, or the ultimate weekend hangout. The location does the selling for you. Steps from beloved coffee shops and buzzing nightlife scene, walkable to boutique shopping, and minutes to the L Line for an effortless commute into Downtown LA or Pasadena — this is the address renters and buyers are actively searching for. Highland Park's walkability, food and coffee culture, and easy freeway and rail access make this a location that keeps tenants long-term and keeps value climbing. Whether you're an investor looking for four brand-new, rent-ready units in an appreciating pocket of LA, or an owner-occupant who wants rental income to help cover the mortgage, 414 S Avenue 56 checks every box. Opportunities like this, newly built, rooftop-deck, and this close to everything, don't sit on the market. Schedule your private showing today before it's gone.
Location
414 S Avenue 56
Los Angeles, Los Angeles, CA, 90042