Est. cap rate

2.5%

Assumed rent, all units

$3,880/mo

Units

2

Price per unit

$474,500

Est. annual NOI

$23,280

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

Duplex

Bedrooms

3

Building size

2,528 sqft

Lot size

7,102 sqft

Year built

1938

Stories

1

Garage spaces

3

Style

Traditional

Heating

Forced Air

Cooling

None

Pool

None

View

None

Status

Active

Days on market

7

MLS #

247910164

About this property

Step into a piece of Wilmington history with this charming 1928 triplex, offering timeless character/versatile living space, and an excellent opportunity for an owner-user or investor. Set on a generous lot, this classic multifamily property offers approximately 2528 sq feet of living space with three separate units and a total of 6 bedrooms and 3 bathrooms on a 7000 sq ft lot. Each unit provides its own living space, creating flexibility for rental income, multigenerational living, or a combination of both. Conveniently situated near local amenities, transportation and many attractions of the Wilmington community. A rare opportunity to bring your vision to a classic Wilmington property and make it your own!

Location

531 W Denni

Wilmington, Los Angeles, CA, 90744