Est. cap rate

4.4%

Assumed rent, all units

$5,250/mo

Units

3

Price per unit

$240,000

Est. annual NOI

$31,500

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

Triplex

Bedrooms

3

Building size

2,162 sqft

Lot size

7,598 sqft

Year built

1958

Stories

1

Garage spaces

0

Style

Traditional

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

7

MLS #

247973150

About this property

Incredible Los Angeles Income Property! This versatile triplex presents the perfect opportunity for both savvy investors and owner-occupiers looking to house-hack their way to a lower mortgage. The property features a spacious front unit with 2 bedrooms and 1 bathroom, ideal for an owner's unit or a premium rental. Tucked neatly away are two additional rear units, each featuring 1 bedroom and 1 full bathroom, offering a steady, immediate stream of rental income. Whether you want to live in one unit and let your tenants pay your mortgage, or add a high-potential asset to your real estate portfolio, this property delivers. Ample space, fantastic potential, and situated in a high-demand LA rental market. This is an absolute must-see! Buyer to independently verify all property information, including square footage, permits, and room dimensions. Schedule your tour today—this is a must-see!

Location

3720 Princeton

Los Angeles, Los Angeles, CA, 90023