Est. cap rate

4.6%

Assumed rent, all units

$7,560/mo

Units

4

Price per unit

$247,250

Est. annual NOI

$45,360

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

2,821 sqft

Lot size

6,389 sqft

Year built

1957

Stories

1

Garage spaces

3

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

1

MLS #

247856179

About this property

Seller is willing to contribute up to $20,000 towards closing costs. This could be used to buy down your rate! 4pex featuring a unit mix of two 3-bed, 2-bath units and two 1-bed, 1-bath units. The property includes three detached garages, providing additional income potential and valuable tenant amenities. Situated on a 6,389 sq ft lot with approximately 2,821 sq ft of living space, the property consists of two separate structures, creating a functional layout for tenants. Located in a highly walkable Long Beach neighborhood, this 4plex has consistent rental demand and convenient access to local amenities. Value-add opportunity with upside through interior upgrades, exterior improvements, and rental optimization. The larger units in particular present strong income potential in today’s market.

Location

1430 W 19th

Long Beach, Los Angeles, CA, 90810