Est. cap rate

3.1%

Assumed rent, all units

$7,880/mo

Units

4

Price per unit

$387,500

Est. annual NOI

$47,280

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

Quadruplex

Bedrooms

4

Building size

3,988 sqft

Lot size

13,835 sqft

Year built

1964

Stories

1

Garage spaces

1

Heating

Central

Pool

None

Status

Active

Days on market

5

MLS #

247930917

About this property

Seller Financing Available! Exceptional opportunity to acquire a four-unit income property with seller-carried financing available to qualified purchasers. Attractive financing terms may provide an alternative to traditional investment property lending. All Financing terms are subject to seller approval, buyer qualifications, and mutually acceptable agreements. This fully occupied four-unit residential income property offers appx 3,988 sqft of total building area on a generous 13,835sqft lot with established month- to- month tenancies and current gross scheduled income. The property features a desirable mix of spacious 2-3 bedroom residences, including a rear residence with a garage, providing versatile rental configuration and strong long-term income potential. Major capital improvement already completed- roofs on all units have been replaced, offering added value and peace of mind for the next owner. The interiors are largely in original/dated condition, presenting an excellent opportunity for future modernization and value enhancement as circumstances permit. Tenants pay their own gas and electricity. Ideally suited for an investor seeking an established income-producing property with significant long-term rental and improvement upside. Convenient El Monte location with access to shopping, dining, transportation, and major commuter routes. Fully tenant-occupied four-unit investment property. Please do not disturb occupants. Exterior viewing only prior to an accepted offer. Interior inspection available following accepted offer and seller coordination.

Location

3922 Rowland

El Monte, Los Angeles, CA, 91731