Deal numbers
- Est. cap rate
- 4.1%
- Assumed rent, all units
- $12,520/mo
- Units
- 4
- Price per unit
- $462,500
- Est. annual NOI
- $75,120
- 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
- $142,728
- Operating expenses
- $71,364
- Net operating income
- $71,364
- Annual debt service
- $110,773
- Annual cash flow
- -$39,409
- Cash on cash return
- -8.5%
- Down payment
- $462,500
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
- 5,224 sqft
- Lot size
- 5,000 sqft
- Year built
- 1964
- Garage spaces
- 0
- Style
- Mid Century Modern
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 247991451
About this property
Introducing 4227 Whitsett Avenue in Studio City--an investor's opportunity in a prime neighborhood. This four-unit property, built in 1964, offers two spacious two-bedroom/2 bath units and two generous three-bedroom/2 bath units, each with in-unit laundry. Recent upgrades include a new roof, earthquake retrofitting, and modern electrical systems. With gated alley parking and a sought-after location, this $1.85 million gem is turnkey and ready to deliver steady returns.
Location
4227 Whitsett Avenue
Los Angeles, Los Angeles, CA, 91604