
Deal numbers
- Est. cap rate
- 4.5%
- Assumed rent, all units
- $5,490/mo
- Units
- 3
- Price per unit
- $241,667
- Est. annual NOI
- $32,940
- 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
- $62,586
- Operating expenses
- $31,293
- Net operating income
- $31,293
- Annual debt service
- $43,411
- Annual cash flow
- -$12,118
- Cash on cash return
- -6.7%
- Down payment
- $181,250
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
- 2,540 sqft
- Lot size
- 4,980 sqft
- Year built
- 1921
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 247927570
About this property
Massive price cut investors cash flowing property act now. 3 separate Homes on 1 Lot Corner Property with current $82,380 annual gross income. Capitalization rate 7.95% Gross rent multiplier (GRM) 8.80× Gross rental yield 11.36% Price per home $241,667 1000 W. 77th St, 7707 & 7705 S. Vermont Ave, Los Angeles, CA 90044 Or develop additional units : Development Opportunity Build 13 units of Multifamily on the Vermont Corridor with 20% Affordable Housing. Welcome to this unique triplex property featuring three separate homes on one lot, ideal for extended families, owner-occupants looking for rental income, or savvy investors seeking a great opportunity in South Los Angeles! Main Home – 1000 W. 77th St A spacious 4-bedroom, 2-bathroom single-family residence with a generous layout perfect for comfortable living. Enjoy the large front yard, ideal for outdoor activities, and the privacy of a corner location. Second Unit – 7707 S. Vermont Ave A charming 1-bedroom, 1-bath detached home, offering great potential as a rental unit or guest house, with its own private entrance and separation from the main house. Third Unit – 7705 S. Vermont Ave A cozy studio unit in a separate structure, perfect for a rental, home office, or additional living space. This property is well-suited for multi-generational living or maximizing rental income. Conveniently located near public transit, local shops, schools, and just minutes from Downtown LA, this triplex offers flexibility, functionality, and future upside in an emerging neighborhood. Property Highlights: Spacious 4-bed/2-bath main home with large front yard Detached 1-bed/1-bath unit Separate studio unit Corner lot with excellent street visibility Great for family compound or investment property Close to schools, shopping, and transportation Don’t miss this incredible opportunity to own a versatile, income-generating property in the heart of South LA!
Location
7705 S Vermont Avenue
Los Angeles, Los Angeles, CA, 90044