Est. cap rate

2.7%

Assumed rent, all units

$5,940/mo

Units

3

Price per unit

$433,333

Est. annual NOI

$35,640

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

2,312 sqft

Lot size

6,715 sqft

Year built

1937

Stories

1

Garage spaces

0

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

15

MLS #

247696544

About this property

Fully remodeled 3-unit property offering an excellent opportunity for an investor or owner-occupant all units are vacant! The front residence features 2 bedrooms and 1 bathroom, the middle unit offers 2 bedrooms and 2 bathrooms, and the rear unit is a studio. All three units have been beautifully updated throughout and are move-in ready, no one has lived in the property since its full remodel/new construction. Each unit is separately metered for gas and electricity, making utility management simple for both the owner and tenants. A great opportunity to generate multiple rental income streams, live in one unit while renting the others, or add a turnkey multi-unit property to your investment portfolio.

Location

2030 Oregon

Long Beach, Los Angeles, CA, 90806