Deal numbers
- Est. cap rate
- 1.5%
- Assumed rent, all units
- $7,200/mo
- Units
- 4
- Price per unit
- $723,750
- Est. annual NOI
- $43,200
- 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.
- Effective gross income
- $82,080
- Operating expenses
- $41,040
- Net operating income
- $41,040
- Annual debt service
- $173,345
- Annual cash flow
- -$132,305
- Cash on cash return
- -18.3%
- Down payment
- $723,750
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
- 6,112 sqft
- Lot size
- 6,149 sqft
- Year built
- 2020
- Stories
- 2
- Garage spaces
- 8
- Heating
- Natural Gas,Forced Air
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 15
- MLS #
- 247868993
About this property
Live in one unit while generating income from the others! Buyer incentives are available, including rate buydown options through our preferred lender for qualified buyers, subject to lender approval and negotiated terms. Exceptional 4-unit Los Angeles income opportunity at 4150 S Normandie Ave. The property features two spacious upper units with 5 bedrooms and 5 bathrooms each, plus two lower units with 5 bedrooms and 3 bathrooms each. Currently, two of the four units are occupied, while the remaining two are vacant, offering immediate flexibility for owner occupancy or lease-up. Reported monthly rental rates are approximately $4,800 each for two units and $3,590 each for the other two units, representing a potential gross rental income of $16,780 per month ($201,360 annually) at full occupancy, subject to verification. The combination of large unit configurations, existing rental income, and available vacant units creates an attractive opportunity for investors or owner-occupants seeking a multifamily property with additional income potential. Conveniently located in Los Angeles with access to major employment centers, entertainment, education, and transportation.
Location
4150 S Normandie
Los Angeles, Los Angeles, CA, 90037