Est. cap rate

5.7%

Assumed rent, all units

$7,280/mo

Units

4

Price per unit

$192,500

Est. annual NOI

$43,680

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

2,194 sqft

Lot size

6,056 sqft

Year built

1958

Stories

0

Garage spaces

0

Pool

None

Status

Active

Days on market

14

MLS #

247994220

About this property

Great investment opportunity in the heart of Boyle Heights! This 4-unit multifamily property features three 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit, offering an attractive unit mix with established rental income. Conveniently located near Downtown Los Angeles, Cesar Chavez Avenue, major freeways, public transportation, shopping, dining, and neighborhood amenities. All four units are currently tenant-occupied on a month-to-month basis. Property is being offered in its present AS-IS condition, with existing tenants in place. Competitively priced, this property presents an excellent opportunity for investors seeking an income-producing multifamily property in a centrally located Los Angeles neighborhood. Don't miss this opportunity to add a 4-unit property to your investment portfolio!

Location

2111 Bird Street

Los Angeles, Los Angeles, CA, 90033