Est. cap rate

4.7%

Assumed rent, all units

$5,460/mo

Units

3

Price per unit

$233,000

Est. annual NOI

$32,760

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

2,118 sqft

Lot size

3,600 sqft

Year built

1926

Stories

2

Garage spaces

2

Pool

None

Status

Active

Days on market

11

MLS #

248005313

About this property

Excellent corner-lot investment opportunity. The property features a spacious 3-bedroom/1-bathroom front house, a 2-bedroom/1-bathroom unit, and a studio. The front house includes a separate stairway leading to an unused attic space, offering potential for conversion into a JDU (buyers to conduct their own due diligence). Additionally, the two-car garage is currently used by the owner and will be delivered vacant, providing for another ADU potential. This is a unique opportunity to acquire a well-located property in a very high-demand area of Los Angeles situated in the heart of Boyle Height and East LA submarkets. The location benefits from strong tenant demand, and proximity to major employment centers, transit options, and ongoing neighborhood revitalization.

Location

122 N Fickett St

Los Angeles, Los Angeles, CA, 90033