Deal numbers
- Est. cap rate
- 7.2%
- Assumed rent, all units
- $7,000/mo
- Units
- 4
- Price per unit
- $146,250
- Est. annual NOI
- $42,000
- 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
- $79,800
- Operating expenses
- $39,900
- Net operating income
- $39,900
- Annual debt service
- $35,028
- Annual cash flow
- $4,872
- Cash on cash return
- 3.3%
- Down payment
- $146,250
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
- 3,124 sqft
- Lot size
- 5,774 sqft
- Year built
- 1930
- Stories
- 2
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 8
- MLS #
- 248095179
About this property
An excellent opportunity to acquire a four-unit income property in Los Angeles. The property is comprised of two separate buildings: a three-unit building and a detached single-unit building. All four units feature 2 bedrooms and 1 bathroom, a highly desirable layout for an investment. This property presents strong upside potential for investors looking to add value through improvements and repositioning. Located near Downtown Los Angeles and minutes from Cal State Los Angeles - this property is also near multiple major freeways making this a convenient choice for residents and a long term investment. Property is being sold in as-is condition.
Location
4172 SERVICE ST
Los Angeles, Los Angeles, CA, 90063