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Quadruplex at 310 E 81st
$1,100,000
310 E 81st
Los Angeles, Los Angeles, 90003
Quadruplex · 4 units
Active · 1 days on market

Deal numbers

Est. cap rate
3.8%
Assumed rent, all units
$6,880/mo
Units
4
Price per unit
$275,000
Est. annual NOI
$41,280
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.

5.0%
50%
25%
7.00%
Effective gross income
$78,432
Operating expenses
$39,216
Net operating income
$39,216
Annual debt service
$65,865
Annual cash flow
-$26,649
Cash on cash return
-9.7%
Down payment
$275,000

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
2,926 sqft
Lot size
6,669 sqft
Year built
1925
Stories
2
Garage spaces
0
Heating
Natural Gas
Cooling
Wall/Window Unit(s)
Pool
None
Status
Active
Days on market
1
MLS #
247990636

About this property

THESE FOUR UNITS HAVE BEEN RECENTLY REMODELED FROM INSIDE, SOME HAVE GRANITE COUNTERTOPS AND REMODELED BATHROOMS. GREAT CORNER LOT WITH PLENTY OF PARKING SPACE ON PROPERTY. LOCATED NEAR AIRPORT AND MANY AMENITIES NEAR BY.

Location

310 E 81st

Los Angeles, Los Angeles, CA, 90003

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

310 E 81st, Los Angeles CA | Multifamily for Sale